DEI in Credit Unions

Diversity, equity and inclusion (DEI) isn't just about ticking boxes and meeting quotas. In fact, organizations that embrace diversity in their leadership teams and employees have been shown to have improved collaboration and problem-solving and they attract and retain a larger and more diverse customer base. In this episode of "Financial Futures" Angela Russell, Vice President, Diversity, Equity and Inclusion at CUNA Mutual Group discusses what DEI actually is and helps us to understand what improved DEI can do for credit unions and their members.

Show Notes

All around the world, the push for equality has accelerated in recent years. People want to see themselves represented in the institutions they patronize, and they want fair treatment and equal opportunities in the workplace. Diversity, equity, and inclusion (DEI) is what businesses, employees, customers, and members are calling for. But it's not just about ticking boxes and meeting quotas - it's been proven to have a hugely beneficial impact for businesses and their customers, improving collaboration, problem-solving, and helping to attract and retain a larger customer base.

In this episode of "Financial Futures", we discover what DEI actually is and ask what improved DEI can do for credit unions and their members. We also explore where credit unions are ahead of the curve, where improvements can be made, and how they can increase their levels of diversity, equity and inclusion.

Angela Russell, Vice President, Diversity, Equity and Inclusion at CUNA Mutual Group says that 'compliance does not always equal inclusion' and that organizations need to go further than doing what is required to be truly inclusive. 

We talk about:

• Why is DEI so relevant right now and why is it important for the future of credit unions?
• How can diverse leadership teams positively impact credit union staff and members?
• Why it's important to get comfortable with having uncomfortable conversations.
• Who should shoulder the responsibility of advocating for DEI?

What is Financial Futures?

The way we move money is changing. Fast. We want control at the touch of a finger-print. We want to send money in real-time – to the other side of the world. We want everything in one place, integrated, seamless and on our devices. Ubiquitous, embedded, fast, standardized, frictionless and secure. Global finance trends are hurling towards a unanimous conclusion.

These are our Financial Futures.

Each episode, we size up the bleeding edge of fintech innovation and explore the trends that are already transforming the way the world pays, banks and invests across the globe. And the mechanisms we’ll need to prosper in this brave new landscape.

Is the world’s technology up to the challenge? Are we?