The Credit Union National Association on Tuesday announced “strategic commitments” that the trade group and its partners are tackling to advance the principles of diversity, equity, and inclusion in the credit union community.
Working with the American Association of Credit Union Leagues, the African American Credit Union Coalition and other groups, CUNA said in a report that it has made the commitment to advance the goal of ensuring the inclusion of Black people and communities as participants in the credit union movement.
CUNA last year began organizing Diversity, Equity and Inclusion (DEI) teams within the organization “to better reflect the credit union mission to serve those most often left out of financial systems,” the report said. “The work of these teams set a foundation of understanding to create momentum for change across the movement.”
CUNA said it has added “inclusive” as an internal core value and has held forums and engagement groups on the issue. The trade group is developing a DEI guide and has named Samira Salem as CUNA’s first vice president of diversity, equity, and inclusion.
CUNA has made a commitment to including diversity, equality and inclusion as shared credit union cooperative principles. CUNA is now making efforts to diversify speakers at various events. The trade group and the American Association of Credit Union Leagues also are founding organizations of the DEI Collective of credit union organizations.
CUNA and the leagues are encouraging other credit union organizations to join the DEI Collective and CUNA is collaborating with others in the credit union industry on DEI training for credit unions.
Finally, CUNA is working with the African American Credit Union Coalition to better understand and support efforts to break down systems that enable racism. The AACUL and the state leagues have created a scholarship fund to assist African American Credit Union Coalition professionals to pursue professional development opportunities.