New Filene Research Reiterates DEI’s Impact on ROA, Net Income

Slide showing performance of CUs with varying levels of DEI practices from Filene Research Institute’s DEI Practices and Policies Survey.

Similarities between the results of Filene Research Institute’s first and second annual DEI Practices and Policies Survey helped confirm that the results of its 2021 research – which revealed a strong connection between a credit union’s diversity, equity and inclusion efforts and financial performance – were not just a fluke, the Madison, Wis., think tank said in a webinar Tuesday.

In the webinar, “Effectiveness of DEI in Driving Organizational Change: DEI Survey Read-Out,” Dr. Quinetta Roberson, a professor of management and psychology at the University of Michigan and Filene fellow, presented preliminary findings from Filene’s 2022 DEI Practices and Policies Survey, which Filene noted is the only research of its kind to be conducted thus far in the credit union industry. Complete findings will be presented at Filene’s big.bright.minds. conference, a hybrid event scheduled for Oct. 25-26 online and in Denver.