NCUA Extends Credit Union Diversity Self-Assessment deadline to Jan. 31
ALEXANDRIA, VA (January 11, 2022) — To allow federally insured credit unions more time to complete and submit the voluntary Credit Union Diversity Self-Assessment, the National Credit Union Administration has extended the deadline from Jan. 15 to Jan. 31, 2022.
The Credit Union Diversity Self-Assessment is a tool designed to help credit unions evaluate and advance their diversity policies and practices. Credit unions can voluntarily use the online tool to create a baseline for action, such as making the commitment to develop new products and services aimed at addressing the needs of communities of color, increasing investment in underserved areas, or improving community marketing and outreach.
“Completing the Credit Union Diversity Self-Assessment is an excellent step on the path from intention to action when it comes to diversity and inclusion,” NCUA Chairman Todd M. Harper said. “This invaluable self-assessment will allow credit unions to look inward at their current DEI journey and what they can do in the future to better leverage diversity and elicit inclusion and belonging practices in their community, membership, leadership, and workforce.”
The Credit Union Diversity Self-Assessment(opens new window), instructions for completing it, and useful diversity-related tools and resources are available on NCUA’s Credit Union Diversity webpage. The information that is confidentially submitted in the self-assessment tool is aggregated by the NCUA Office of Minority and Women Inclusion and the results are shared anonymously, primarily in the NCUA’s annual OMWI Congressional Report and in the annual Voluntary Credit Union Diversity Self-Assessment Results Report.
About National Credit Union Administration (NCUA)
The NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, the NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 124 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. The NCUA also protects consumers and educates the public on consumer protection and financial literacy issues.