NCUA’s Hood lauds growth of DEI Summit, industry progress

NCUA Board Member Rodney E. Hood celebrated the significant evolution of the event and the ongoing commitment of the credit union community to DEI principles Thursday at NCUA’s 2023 Diversity, Equity, and Inclusion Summit.

“From its humble beginnings as a one-day event in 2019, the NCUA’s DEI Summit has burgeoned into a robust convening under Chairman Harper’s vision,” Hood Hood noted, commending Chairman Todd M. Harper for expanding the Summit into an integral forum for advancing DEI in the credit union industry.

The success of the NCUA’s annual DEI Summit, according to Board Member Hood, is the dedication of the NCUA and the broader credit union community, who are integral to driving DEI to the forefront of the industry’s mission. He stressed the importance of DEI, not as a new concept, but as one that has gained crucial attention in recent years, necessitating continuous dialogue and implementation of DEI initiatives within daily operations.

Hood also highlighted the NCUA’s progressive stance on DEI, citing the agency’s “Second Chance” regulatory reform as an example of leading-edge policy, providing individuals with past minor criminal records fair employment opportunities in banking.


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