Hood Discusses the State of Credit Unions

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Hood Discusses the State of Credit Unions; Calls
for Greater Diversity, Inclusion

ALEXANDRIA, Va. (July 29, 2020) – The COVID-19 pandemic and the national dialogue on the issues of diversity, equity and inclusion provide credit unions with an enormous opportunity to rise to the occasion to support their communities and members, National Credit Union Administration Chairman Rodney E. Hood said today.

“For credit unions, in particular, these events have taken on added significance because they highlight inequities that have long existed within the communities they serve throughout the United States,” Chairman Hood said. “The industry’s mantra of ‘people helping people’ can also serve as a useful moral guidepost for how we can transform today’s challenges into an opportunity for understanding, inclusion and healing.”

Hood delivered the keynote address at the 43rd Credit Union Leadership Convention. His remarks, which were delivered virtually, are available on the NCUA’s website.
View the entire press release

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