BALTIMORE — On a continued mission to encourage college students to consider careers at credit unions, NCUA Vice Chairman Rodney Hood shared a number of fronts he is involved in to make it happen.
Hood told attendees at the African-American Credit Union Coalition's annual meeting this morning about his Blueprint for 2020: A Plan to Strengthen the Future of Credit Unions, which, among other things, aims to build internship programs at the nearly 450 credit unions that are affiliated with colleges and universities.
"There are not a lot of young folks interviewing at credit unions and not a lot of colleges partnering with students," Hood said.
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Hood called on the AACUC to help form a working group by this fall to link up with historically black colleges and universities to familiarize students with the credit union industry. More than 180 interns have worked in the credit union industry through the AACUC's internship program and more than 20 are currently working full time in the movement. Hood said the Urban League and Inroads have expressed interest in helping with the working group.
Hood said his concerns about the lack of diversity in the industry were highlighted in a recent General Accountability Office report that showed less than 12% of those in management are African-Americans. He reiterated his feelings that credit union senior staff and boards should reflect the diverse makeup of their membership.
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