Women and Credit Unions: A Leadership Colloquium at the University of Southern California
Women are an essential part of credit unions around the world, and they are taking on more and more leadership roles every year. But they still face systemic challenges: About half of US credit union CEOs are women, but many more men than women are CEOs of large US credit unions.
Beyond credit unions, the numbers are even more stark. Globally in financial services, women comprise 25% of middle managers, 19% of senior leaders, 14% of board members, and 2% of CEOs. Do men and women enter credit unions with different levels of leadership potential? Within credit unions, do male and female employees get different exposure to experiences necessary for promotion?
We invite leaders, men and women alike, to join Filene and the World Council of Credit Unions at the University of Southern California on June 19, 2014 for the unveiling of a year-long study delving into the challenges and opportunities faced by women at every level in credit unions, both in the United States and around the world.
- Women in Credit Union Leadership: Melissa Thomas-Hunt, associate professor at the University of Virginia Darden School of Business, reveals the results of a first-of-its-kind year-long effort to discover the hurdles that slow credit union women leaders down.
- Pathways to Power: Understanding the challenges women face is not the same as solving them. Kathleen O'Connor, associate professor at the Johnson Graduate School of Management at Cornell University, describes and then prescribes how women and men alike can find and benefit from sponsors, build the right kinds of networks, and negotiate effectively.
- Crossing Borders: Ursula Heimann and Dr. Gabriela Zapata draw on years working with credit unions in Mexico and Latin America to reveal the challenges that female leaders face. They also use real-world case studies to show how credit unions anywhere can build bridges for the next generation of women.
The causes of income disparity and professional advancement are complex, and compensation for women in the United States is catching up to that of men, especially among the most educated. But systematic challenges – personal, professional, and cultural – remain for women who want to earn more, do more, and lead credit unions in the 21st century.