Search
 
News

CU Trades Urge Caution in NCUA Proposal to Reward Diversity Survey Participation

The NCUA has struggled to get more credit unions to respond to the voluntary survey since its launch in 2016.

NCUA headquarters NCUA headquarters.

The NCUA should encourage credit unions to complete their annual diversity study but should keep participation voluntary and approach any financial rewards for completing it with some caution, credit union trade groups said.

“While credit unions’ diversity and inclusion are of critical importance, the reality is that staff and other resource constraints make it difficult for smaller credit unions to complete tasks outside of those necessary to maintain operations,” Luke Martone, CUNA’s senior director of advocacy and counsel, told the NCUA in a letter commenting on credit union fees.

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 © 2023 ALM Global, LLC. All Rights Reserved.