Hands of diverse team Source: fizkes/Shutterstock

Diversity, equity and inclusion is currently one of the hottest topics in the credit union system. Few would disagree that pursuing a strategy to increase diversity, equity and inclusion (DEI) is the right thing for credit unions to do. It follows the credit union philosophy of social responsibility and non-discrimination.

The question we should all be asking in running our cooperative businesses is, “How do we measure the value of DEI beyond our credit union system values?” Research shows that DEI increases profitability. Extending diversity and inclusion to the equity of credit union membership means that those diverse members benefit from the increasing returns following successful DEI initiatives.

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