NCUA Chairman Debbie Matz said the NCUA is working to promote a more diverse workforce, and she encouraged credit unions to ensure that their employees and volunteers reflect the groups they are chartered to serve.
The Dodd-Frank Act requires each financial services regulator to establish an Office of Minority and Women Inclusion. Each OMWI director must develop standards that assess the diversity policies and practices of the institutions it regulates per the law.
"Within NCUA, we're working to promote a more diverse workforce and to consider minority- and women-owned firms when we contract for services," Matz said.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
