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NCUA opens new Office of Minority and Woman Inclusion
ALEXANDRIA, Va. (1/24/11)--The National Credit Union Administration’s (NCUA) Office of Minority and Women Inclusion (OMWI) was officially opened by NCUA Chairman Debbie Matz and OMWI Director Tawana James Friday. The office, announced last year and developed in response to
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requirements in the Dodd-Frank financial reform regulations, will address issues related to diversity in management, employment, and business activities. It’s goal is to ensure equal employment opportunity and the racial, ethnic, and gender diversity of the work force and senior management of the agency. The OWMI will also promote increased participation of minority-owned and women-owned businesses in the programs and contracts of the agency, including standards for coordinating technical assistance to such businesses. Assessing the diversity policies and practices of entities regulated by the NCUA and preserving credit unions that are either run by or primarily serve minorities will also be priorities of the OWMI. James (left in photo) will obtain input from both external and internal stakeholders as the OWMI ramps up. Matz (right in photo) in a Friday statement said that the OWMI will “provide crucial focus and direction to NCUA and credit union efforts to reach all segments of the population.” Ensuring diversity of our employees and contractors will open the door to new opportunities for the agency, credit unions as well as minorities and women,” she added. For the full NCUA release, use the resource link.
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