Next month credit unions will have a chance to tell the NCUAwhat they have been doing to foster diversity in theirorganizations, including in the boardroom.

The NCUA questionnaire is entirely voluntary. For thoseresponding, the NCUA will publish only anonymous, aggregated datain its annual reports.

Banks, corporations and non-profits have been discussing theissue of board diversity for decades. The advantages of having adiverse board include being able to recruit a broader base ofmembers, and better respond to the needs of those who are alreadymembers — fostering “member empathy” among directors, saidStephanie Galligan, a research manager for the nonprofit Filene Research Institute in Madison, Wis.

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Jim DuPlessis

A journalist for decades.