How can credit unions measure the impact of their DEI efforts?
Findings from Filene’s 2022 DEI policies and practices survey found that credit unions enacted DEI practice bundles, or sets of practices that are consistent, related, and reinforcing to advance their strategic DEI objectives. Credit unions employing these bundles that focused on the following enjoyed a higher return on assets and higher net income than credit unions who did not.
- a strategic approach to DEI
- advancing established DEI-related goals
- tracking of DEI-related data to ensure progress