Search
 
News

NCUA May Offer Credit Unions Incentives to File Diversity Survey

While the survey is optional, an NCUA official says the agency might decrease credit union fees in exchange for participation.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
NCUA official seal NCUA official seal. (Source: NCUA)

The NCUA is searching for ways to increase participation in its annual diversity and inclusion survey and is even considering a monetary incentive if a credit union participates, Monica Davy, the agency’s director of the Office of Minority and Women Inclusion, told a House subcommittee Tuesday.

The NCUA has taken the position that participation in the annual survey is voluntary, Davy told the House Financial Services Committee’s Diversity and Inclusion Subcommittee. However, she added that NCUA officials would be willing to work with members of Congress if they decide that credit unions should be required to file the annual survey.

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:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

David Baumann

 

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2022 ALM Global, LLC. All Rights Reserved.