Women make up 70% of the credit union workforce in the USA. However, only 15% of credit unions with USD $1 billion in assets are led by women. To address the gap, Jim Nussle, chief executive of the Credit Union National Association in the USA, proposes six strategies.
Mr Nussle presented his ideas for increasing gender diversity in credit unions at the World Council of Credit Unions’ Global Women’s Leadership Network (GWLN) breakfast.
Speaking at the event, he called on credit unions to sponsor women they knew, serve as mentors, encourage women to take on visible and complex projects in their organisation, have succession and development planning for boards and leadership, make sure candidate pools are diverse when recruiting for an open position and join the GWLN.
Global Women is a World Council programme established in 2009 to facilitate greater gender balance among leadership positions in credit unions.
“The statistics must change. CUNA and World Council are committed to making a measurable difference,” said Mr Nussle.
Photo: Jim Nussle speaking at the World Council of Credit Unions’ Global Women’s Leadership Network (GWLN) breakfast (c) WOCCU