1. Credit Union Boards Slow to Diversify Despite Mounting Pressure

    American Banker BoardBlogs
    Credit Union Boards Slow to Diversify Despite Mounting Pressure

    The death of George Floyd and the protests that followed have added a sense of urgency to credit unions’ efforts to diversify their boards of directors. But while the industry has made some progress, experts said more work remains to be done...

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    1. Sadly, even though awareness of diversity, equity and inclusion has generally increased in the last decade — and has been significantly reinforced by the events of 2020 — the actual composition of credit union boards has not meaningfully changed.
    2. We would be naive if we didn't acknowledge that there are certain individuals at some credit unions who would offer some form of resistance to DEI efforts.

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