Best Practices for Demonstrating a Commitment to Diversity and Inclusion
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Same as CU POC |
Same as CU POC Same as D&I Officer |
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*NCUA will use the Business Contact Information provided SOLELY for the purpose of follow-up communications and will not share such information publicly or outside of NCUA (unless required by court order to do so). If you choose not to identify a point of contact, you can still provide an email address and we will communicate via the email address provided. |
Please identify which practices your credit union currently engages in and share your comments in the space provided.
Successful diversity policies and practices generally begin at the top, with leadership that demonstrates its commitment by promoting diversity and inclusion in both employment and contracting and by fostering an organizational culture that embraces diversity and inclusion. This leadership includes the board of directors, senior officials, and staff managing the daily operations. The following best practices demonstrate an organizational commitment to diversity and inclusion.
In a manner reflective of our size and other characteristics, our credit union: | Yes | Comments |
Please Share! Include a hyperlink or email a sample to CUDiversity@NCUA.GOV CUDiversity@NCUA.GOV
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A4 - Takes proactive steps to include a diverse pool of women and minorities or other diverse individual candidates for: | ||
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Credit unions can promote the fair inclusion of minorities, women, or other diverse individuals in their workforce by proactively working to expand applicant pools to include diverse candidates; cultivating a culture that values the contribution of all employees; and encouraging a focus on inclusion when evaluating the performance of managers. Common best practices to promote diversity and inclusion in the workforce include the following.
In a manner reflective of our size and other characteristics, our credit union: | Yes | Comments |
B2 - Implements policies and practices that create or foster diverse applicant pools for employment opportunities. These may include: | ||
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B6 - Uses analytical tools, including quantitative and qualitative data, to assess, measure and track: | ||
Credit unions can craft and implement supplier diversity policies and practices to expand outreach for and open access to contracting opportunities to minority and women-owned businesses. This involves providing opportunities for diverse businesses to bid on contracts or procurement activities (office supplies, promotional items, and legal, auditing or accounting services, for example) and informing diverse vendors of how to do business with your credit union. The goal is for the credit union to develop a competitive advantage by having a broad selection of suppliers to choose from with respect to factors such as price, quality, attention to detail, and future relationship building. Following are examples of effective ways to implement or demonstrate a commitment to supplier diversity.
In a manner reflective of our size and other characteristics, our credit union: | Yes | Comments |
Please Share! Include a hyperlink or email a sample to CUDiversity@NCUA.GOV CUDiversity@NCUA.GOV
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Please Share! Include a hyperlink or email a sample to CUDiversity@NCUA.GOV CUDiversity@NCUA.GOV
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C5 - Uses metrics to identify a baseline and track: | ||
C6 - Implements practices that promote a diverse supplier pool which may include: | ||
Transparency and communications are essential aspects of assessing diversity policies and practices. Transparency does not require you to share confidential or proprietary information. Credit unions can communicate information about their diversity and inclusion efforts through normal business methods, such as displaying information on websites, on appropriate promotional materials, and in annual reports to members.
By communicating your commitment and plans for achieving diversity and inclusion and the metrics to measure success in workplace and supplier diversity, you inform a broad constituency of current and potential members, employees, suppliers and the general community about your efforts to promote diversity and inclusion. The publication of this information can make new markets accessible for minorities, women, and other diverse groups, and illustrate the progress made toward an important business goal. Following are some ways to promote transparency of your credit union’s diversity and inclusion efforts.
In a manner reflective of our size and other characteristics, our credit union: | Yes | Comments |
D1 - Periodically publishes information about our efforts to enhance diversity and inclusion, which may include: | Please email CUDiversity@NCUA.GOV CUDiversity@NCUA.GOV a sample or share a hyperlink below if appropriate. | |
D2 - Makes the following information public: | Please email CUDiversity@NCUA.GOV CUDiversity@NCUA.GOV a sample or share a hyperlink below if appropriate. | |
D3 - Publicizes opportunities that promote diversity and inclusion, which may include: | Please email CUDiversity@NCUA.GOV CUDiversity@NCUA.GOV a sample or share a hyperlink below if appropriate. | |
Credit unions with successful diversity policies and practices allocate time and resources to monitor and evaluate performance of diversity policies and practices on an ongoing basis. The NCUA encourages credit unions to disclose their diversity policies and practices and related information to both the NCUA and the public.
In a manner reflective of our size and other characteristics, our credit union: | Yes | Comments |
(Optional, you may submit the self-assessment without this information)
What is the demographic composition of your workforce? NOTE: The categories below are the same categories for race and ethnicity that the EEOC adopted for the EEO-1 Report.
ALL Employees (Include Management but do not include Board Members or Volunteers) |
Management Employees ONLY (Do not include Board Members or Volunteers) |
Board Members ONLY | ||||
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Number of Women | ||||||
Number of Men | ||||||
Enter NON-Hispanic or Latino ONLY | ||||||
American Indian or Alaska Native | ||||||
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Black or African American | ||||||
Native Hawaiian or Other Pacific Islander | ||||||
White | ||||||
Two or more races | ||||||
Enter Hispanic or Latino ONLY | ||||||
Hispanic or Latino ONLY | ||||||
Enter Unspecified/Not Known ONLY | ||||||
Unspecified/Not Known ONLY |
(Optional, you may submit the self-assessment without this information)
What is the credit union’s total annual procurement spend for the prior year with minority- and women-owned businesses compared to the total procurement spend with all vendors and suppliers?
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The NCUA welcomes your feedback on this form and recommendations on how we can assist credit unions with their diversity and inclusion efforts. Please share your thoughts below or email us at CUDiversity@NCUA.GOV. CUDiversity@NCUA.GOV.
Do your diversity and inclusion efforts include a special loan, share, or other type of product or service? Have you run special marketing campaigns that have been effective in promoting diversity and inclusion? We’re always looking for diversity and inclusion success stories to share when reporting the value and benefits of diversity and inclusion in credit unions. We only share information anonymously unless given specific authorization to use your credit union’s name so please share your success stories below or email them to us anytime at CUDiversity@NCUA.GOV. CUDiversity@NCUA.GOV.