MD|DC Credit Union Association

02/27/2020 | Press release | Distributed by Public on 02/27/2020 08:36

The Network of Latino Credit Union Professionals (NLCUP) and the African American Credit Union Coalition have announced they are partnering.

The Network of Latino Credit Union Professionals (NLCUP) and the African American Credit Union Coalition have announced they are partnering.

Both organizations were created to ensure the voices and perspectives of the Latino and African American cultures are distinct and present throughout the credit union industry. To date, the industry has little data on statistics of people of color in leadership positions at credit unions in the board room or in the 'C' suite.

The absence of research documenting the numbers of 'minorities' in positions of authority is an opportunity for credit union leaders and decision-makers to come together to embrace and adopt the 8th Cooperative Principle - Diversity, Equity, and Inclusion penned by Maurice R. Smith, CEO of Local Government FCU and Civic FCU, AACUC Board Member and first African American Chairman of CUNA.

AACUC and NLCUP will be focusing their combined efforts to provide actionable strategies and wise counsel to credit union organizations that are intentional about the credit union industry providing Diversity, Equity and Inclusion in a meaningful way. Too often organizations set up a task force that has individuals doing a lot of talking, however, the needle doesn't move to affect change. AACUC and NLCUP will hold their organizations accountable and continue to ask the hard questions that will help to move the credit union movement forward.

Inclusiv, (formerly known as the National Federation of Community Development Credit Unions) is also joining NLCUP and AACUC in their combined effort to ensure that the members of credit unions are serviced by people that look like they do and have similar life experiences.