Specifically, this report quantifies the current state and recent evolution of women’s and minority representation on credit union boards. It also explores the extent to which there are (or aren’t) links between women’s and minority representation and several key measures of member-centric and financial performance.
Among the report's key findings are that minority and women’s representation on credit union boards of directors can contribute to greater lending inclusion and asset growth. Both these groups, however, remain underrepresented among directors across the industry.
Since this data spanned nearly 10 years, the group also talked about any improvements that occurred during that time in Board representation, as far as enhanced diversity goes.
Check it out and let us know your thoughts. And be sure to watch the entire episode below for all the details.
Mike Lawson, Host
Married to a beautiful and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.