While the NCUA’s Office of Minority and Women Inclusion was created to ensure diversity in management, employment and business activities, the two-year old division has much more room to have an impact.
CUNA worries new diversity reg will bring additional reporting burden.
Francisco “Quico” Canseco, the freshman Republican representative from Texas' 23rd District told a group of Latino credit union executives that he supports credit unions' tax exemption.
Tawana James, who has held a variety of senior posts during more than 30 years at the NCUA, has been named to run the agency's Office of Minority and Women Inclusion.
NCUA has confirmed that it will weigh community development credit unions allowance for loan losses more heavily when it evaluates their applications for funds under the U.S. Treasury Department's Community Development Capital Initiative.