Woman leads a meeting of her executive team. Source: Adobe Stock.

CUNA’s new credit union industry report, “Women in Credit Union Leadership,” found that 51% of CEOs and 33% of board members at credit unions in the United States are women.

The report, released by CUNA on Monday, revealed a drastic and cavernous difference between women in leadership positions at credit unions versus commercial banks. In fact, according to the report, the CEO at a credit union is six times more likely to be a woman than at banks. CUNA’s sample of 163 publicly-traded banks, with an asset size of less than $10 billion, found that only 3% of commercial bank CEOs in the U.S. were women in 2019, and on average 16% of board members were women.

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Michael Ogden

Editor-in-Chief for CU Times. To connect, email at [email protected].

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