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LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
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ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

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CU System
Filene paper: Women comprise 70% of CU staff, 41% of leadership
MADISON, Wis. (5/14/14)--Among the facts highlighted in a new white paper from the Filene Research Institute, women comprised only 41% of credit union senior staff in 2012 despite making up 70% of the credit union workforce in the United States.
 
The white paper will serve as the touchstone for a colloquium hosted by the Filene Research Institute and the World Council of Credit Unions on the challenges and opportunities faced by women at every level in credit unions on June 19 at the University of Southern California.
 
"Women in Leadership: Obstacles and Opportunities," is the first report from Filene's Credit Union Women in Leadership International Research Series.  
 
"To begin to understand the processes that might drive the differential percentages of female CEOs across different-sized credit unions, we must step back to understand the barriers and accelerators in women's leadership roles in a broader sense," the report stated.
 
"The preponderance of female employees in credit unions creates the expectation of a culture that diverges from that of other financial institutions. Shouldn't that preponderance foster the advancement of all employees and allow women to maneuver to the top management positions within the credit union system? The data suggest that this has not universally been the case."
 
The report goes on to consider if people resist women's leadership, and if family concerns hold women back from leadership positions.
 
In coordination the Women in Leadership Colloquium, Filene will host a free webinar June 5 to explore woman's perspective in leading credit unions. To register use, the link.
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