All-In on DEI & ACCESS
Join us November 2-4, 2022, for the NCUA’S third summit focused on DEI. The theme of this year’s event is All-In on DEI & ACCESS. ACCESS represents NCUA’s initiative for Advancing Communities through Credit, Education, Stability and Support.
Click here to register and for more information.
This two-and-a-half day, hybrid event will bring together professionals from credit unions and other stakeholders to:
- promote the value proposition of diversity, equity, and inclusion;
- share DEI and financial inclusion best practices; and
- develop solutions to industry-specific challenges.
The Summit will include panel discussions with experts in diversity, equity, and inclusion along with fireside chats, roundtables, and keynote speakers. Session topics cover a wide range of DEI-related areas like how to build a successful DEI program; including programs for the LGBTQ+ and disability communities; cryptocurrency and the unbanked; digital access; and inclusive lending. Speakers include NCUA Chairman Todd M. Harper, Vice Chairman Kyle Hauptman, and Board Member Rodney E. Hood.
“Diversity, equity, and inclusion are vital to strategy, sustainable growth, innovation, talent acquisition, and retention throughout the financial services system. To help credit unions advance DEI, the 2022 Summit will bring together prominent speakers to share their thought leadership on DEI. This year, we will also have a special track designed to support credit unions designated as minority depository institutions. Whether you are a DEI advocate or an MDI credit union, or both, this event is a can’t miss opportunity.”
— Todd M. Harper, Chairman
Participants in a first day’s panel at the NCUA DEI Summit this week were (from left) NASCUS’ Lucy Ito, CUNA’s Jim Nussle, and NAFCU’s B. Dan Berger.
(Nov. 5, 2021) NASCUS President and CEO Lucy Ito played a central role in week’s Diversity, Equity and Inclusion (DEI) Summit presented by NCUA, appearing on two panels at the three-day, virtual conference held Tuesday through Thursday.
The conference focus, according to NCUA, was on advancing DEI in the credit union system by sharing best practices, addressing challenges to advancing DEI and learning about how NCUA can support the industry in its efforts.
Ito shared the first panel with CEOs of other Washington groups representing credit unions, Jim Nussle of the Credit Union Natl. Assn. (CUNA), and B. Dan Berger of the Natl. Assn. of Federally Insured Credit Unions (NAFCU). The group discussed the credit union role in the DEI journey. The second panel featuring Ito discussed “How to Increase Gender Diversity in the C-Suite,” and included CEOs from credit unions: Mary McDuffie (Navy Federal CU president and CEO), Shruti Miyashiro (Orange County’s CU CEO), and Tracey Jackson (ResourceOne CU CFO).
In both sessions, Ito discussed the impact of DEI on herself and on the credit union system, and efforts by NASCUS and the state system at large to advance DEI along the lines of the conference’s goals.
“My thanks to NCUA, particularly Chairman Harper, Vice Chairman Hauptman and Board Member Hood, for inviting me to participate in this event – and for their personal commitments to this vital effort for the credit union industry at large,” Ito said.
(Oct. 29, 2021) Each of three town halls will be led by a member of the NCUA Board at its diversity, equity and inclusion (DEI) conference set for three days early next month, the agency said this week.
NASCUS President and CEO Lucy Ito is also participating in the event, sitting on two panels.
NCUA Board Chairman Todd Harper will lead off with the first town hall at the agency’s DEI Summit, which runs from Nov. 2 to Nov. 4. His session will discuss DEI in relationship to 2020-21 newsworthy events and the importance of having a leadership commitment to DEI. Other topics will include racism in banking and the role of credit unions in DEI, according to an NCUA press release.
Board Member Rodney Hood will host the second day’s town hall, which features two panels on financial inclusion. The first from a “non-federal perspective,” the second from inside the agency (particularly through the agency’s Advancing Communities through Credit, Education, Stability and Support (ACCESS) initiative.
Board Vice Chairman Kyle Hauptman will host the third day’s town hall, focusing on credit union financial inclusion initiatives and partnerships with external organizations.
The agency said it would also host several concurrent sessions following the Nov. 3 and Nov. 4 town halls, focusing on DEI subjects.
In addition, the credit union think-tank Filene Research Institute will report on results of recent studies and analysis of diversity surveys and research.
NASCUS’ Ito appears on two panels at the Summit: The first on Tuesday (Nov. 2, 4-4:45 p.m. ET) in the “Fireside Chat: What is the Credit Union’s Role in this DEI Journey.” Appearing alongside the NASCUS leader will be CUNA President Jim Nussle and NAFCU CEO B. Dan Berger. Samira Salem, CUNA vice president of DEI, will moderate the session.
The second panel featuring Ito will be Wednesday (Nov. 3; 2:15- 3:45 p.m. ET) in the panel “How to Increase Gender Diversity in the C-Suite.” Also on the panel will be Mary McDuffie (Navy Federal CU president and CEO), Shruti Miyashiro (Orange County’s CU CEO), Tracey Jackson (ResourceOne CU CFO). Eleni Giakoumopoulos, WOCCU Global Women’s Leadership Network program director, will moderate the session.
Each day’s programs begin at 12:30 p.m. ET, NCUA said.
LINK:
Diversity, Equity and Inclusion Summit 2021
(Oct. 1, 2021) Rohit Chopra is now the permanent director of the CFPB, with a five-year term, thanks to a 50-48 vote by the Senate on Thursday. He took a big step toward that vote earlier in the day when the Senate voted 51-50 – with Vice President Kamala Harris casting the tie-breaking vote – to cut off debate and proceed to the final vote on confirmation. Chopra replaces acting director Dave Uejio – who himself has been nominated to be assistant secretary for fair housing and equal opportunity at the Department of Housing and Urban Development (HUD) … NASCUS President and CEO Lucy Ito will be on the panel discussing “How to Increase Gender Diversity in the C-Suite” Nov. 3 (at 2:15 p.m.) as part of NCUA’s Nov. 2-4 Diversity, Equity and Inclusion (DEI) Summit. The panel – made up of all female credit union executives – will discuss successes and setbacks on their paths to leadership, according to NCUA. They will also discuss how to increase gender diversity in the upper ranks of financial institutions. Other panelists include CEOs of NASCUS-members Orange County’s CU and Navy Federal CU – Shruti Miyashiro and Mary McDuffie, respectively.
LINK:
(Sept. 17, 2021) Federal banking agencies have been collaborating via a “crypto policy sprint” to agree on definitions, use cases, risks, and gaps, and to discuss policy options related to digital assets, the acting head of the OCC said this week. Acting Comptroller Michael Hsu said that, while controlling the growth of crypto and defi (decentralized finance) is challenging given their nature and in light of market demand, “it is imperative that financial regulators work together to ensure that crypto/defi activities that take place within the banking system or are facilitated by banks are trustworthy,” he said, adding that state bank regulators would be included in the cooperation. “Innovation is important, but safeguarding trust is paramount,” he said … Registration is now open for NCUA’s second-ever Diversity, Equity, and Inclusion (DEI) Summit for credit union leaders, trade and support organizations and professionals in the field, set for Nov. 2-4. The virtual event, themed “From Intention to Action,” is aimed at providing those committed to advancing DEI a forum to share best practices, address challenges to advancing diversity, and learn how the NCUA can support the credit union industry in its efforts. The event features a town hall meeting hosted by NCUA Board Chairman Todd Harper with credit union CEOs as participants (including Timothy Anderson, United States Senate FCU; James Schenck, Pentagon FCU; Maria Martinez, Border FCU; and Tonita Webb, Verity CU) … The Oregon Department of Consumer and Business Services has openings for three Financial Examiner 3 candidates (with an underfill option of a Financial Examiner 2). The positions are responsible for: objectively evaluating the condition of financial institutions for safety and soundness; maintaining public confidence in the integrity of the financial system and in individual financial institutions; enforcing both state and federal banking statutes and regulations. See the link below for more details.
LINKS:
Diversity, Equity and Inclusion Summit 2021
Financial Examiner (Financial Examiner 3)