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Presence of Minorities, Women on Credit Union Boards Leads to Greater Inclusion, Growth

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CUCollaborate report finds minority and women’s representation on credit union boards of directors can contribute to lending inclusion and overall growth.

Press Release

Sep 13, 2022 14:00 EDT

The presence of minorities and women on a credit union’s board of directors can positively impact both an organization’s lending inclusion and asset growth, a CUCollaborate research team has found.

Both groups, however, remain underrepresented among directors across the industry, according to the report, “Credit Union Boards of Directors: Board Size, Gender, Race, and Institutional Performance, 2012-2021,” produced by CUCollaborate Chief Economist Luis…

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