ALEXANDRIA, Va.—NCUA announced that it is holding a webinar on the benefits of promoting diversity within credit union workforces.
Titled “What, Why and How: Credit Union Diversity,” the free webinar is scheduled for Thursday, Nov. 2, beginning at 2 p.m. ET. Online registration is available here. Participants can use this same link to log into the webinar. Registrants should allow pop-ups from this website.
The webinar will feature credit union board members and staff leaders from Municipal Credit Union, Brooklyn, N.Y.; Self Help Credit Union, Durham, N.C.; and North Side Community Federal Credit Union, Chicago.
Registered users can submit questions in advance at WebinarQuestions@ncua.gov. The email’s subject line should read, “CU Diversity.” Participants with technical questions about accessing the webinar may email audience.support@on24.com. This webinar will be closed captioned and then archived online here approximately three weeks following the live event.
The webinar also will discuss how to use the NCUA’s Voluntary Credit Union Diversity Self-Assessment tool. “This 28-question checklist is designed to support credit unions’ diversity efforts. All credit unions, but especially those with at least 100 employees, are encouraged to complete the checklist and submit it electronically to the NCUA’s Office of Minority and Women Inclusion by Dec. 30,” NCUA said.
Submitting self-assessment results helps the NCUA analyze credit union diversity as required by Section 342 of the Dodd-Frank Act. The data received will be used to identify trends and create a baseline for evaluating diversity in the credit union system. Aggregated, anonymous data also will be used for the NCUA’s annual report to Congress. Credit unions are not required to complete the assessment, and it has no bearing on their CAMEL ratings, the agency said.