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NCUA Issues Letter on Voluntary Credit Union Diversity Self-Assessment

Authored By: Lewis Wood on 1/3/2022

NCUA Board Chairman Todd Harper is inviting CUs to participate in NCUA's Diversity Self-Assessment.

The NCUA’s 2021 Diversity Equity and Inclusion (DEI) Summit in early November generated considerable energy and highlighted progress within the credit union industry around the principles of diversity, equity, and inclusion. In all, more than 800 attendees participated in this event, and most left the conference with a sense of possibility and empowerment around the positive impact DEI can make not only in their credit union’s products and services, but also the communities they serve. The voluntary Credit Union Diversity Self-Assessment is an appropriate next step for moving ahead on the path from intention to action, which was our theme for the 2021 DEI Summit.

Therefore, I am now inviting you to explore how your credit union can benefit by using the NCUA’s voluntary Credit Union Diversity Self-Assessment. This valuable tool is designed to help you evaluate and advance your credit union’s diversity policies and practices. The self-assessment is an excellent place to start or strengthen your investment in diversity, equity, inclusion, and belonging. I encourage you to use the tool, available at cudiversity.ncua.gov, and confidentially submit your results to the NCUA’s Office of Minority and Women Inclusion (OMWI) by January 15, 2022.

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