More than 50% of credit union CEOs are women vs. 3% in banks
In a recent study conducted by the Credit Union National Association (CUNA), it revealed that 51% of credit union CEOs are now women, marking a significant increase in female leadership within this sector.
Still, “Women are significantly underrepresented in executive positions across all industries, particularly within the financial services sector,” said CUNA Vice President of Diversity, Equity, and Inclusion (DEI) Samira Salem.
The study highlights the efforts made by credit unions to promote inclusivity and equal opportunities for women in leadership positions. Additionally, it emphasizes the importance of mentorship programs and professional development initiatives that have helped women advance in their careers.
It suggests that credit unions with a higher representation of women in executive roles tend to perform better in terms of member satisfaction, employee engagement, and overall organizational success.
In the 21st century, this is not to be expected. At Loquat, we focus on diversity and inclusion, promoting fair labor practices, and supporting women and diverse backgrounds. Learn more about our inclusive approach: https://loquatinc.io/about/