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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.

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David Baumann

 

Credit Union Times

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