“Diversity and inclusion” is a phrase we have been hearing for a while but in the past few years, it’s become an essential part of organizations around the world. We hear diversity and inclusion everywhere from hiring processes, webinars, seminars, workshops to small projects such as community outreaches and more but just how important is it to have an inclusive and diverse environment in your credit union? Maintaining diversity and inclusion in a financial institution such as a credit union is extremely important not only because of the policies and regulations that prohibit a lender from making decisions based on gender, religion, race, age, ethnicity, sexual orientation, education, and/or other attributes but because it takes away from properly connecting and relating to members to build strong long-lasting relationships with them. The lack of diversity and inclusion also makes a credit union’s internal culture weak and feel stuck in old ways. This is why it is important to keep our board members and leadership team accountable for making sure our credit unions continue evolving and become diverse, inclusive, and have tools to keep with these changing times.
There are two main reasons why it’s important to maintain diversity and inclusion in the workplace to reach Hispanics:
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