NCUA Performs Well in “Best of the Best” Workplace Ratings

June 2016

ALEXANDRIA, Va. (June 16, 2016) – The National Credit Union Administration again ranks as a “Best of the Best” place to work for minorities and women, the agency announced today.

The annual rankings are published by DiversityComm, Inc., a human resources research and consulting firm specializing in workplace diversity, and the parent company of Black EOE Journal (opens new window), Professional Woman’s Magazine (opens new window) and Hispanic Network (opens new window). NCUA has consistently ranked as a best place to work by DiversityComm over the last three years.

“Diversity in our workforce makes NCUA a more effective regulator,” NCUA Board Chairman Rick Metsger said. “This latest recognition by DiversityComm not only illustrates our commitment to creating a more diverse and inclusive work environment, but it is also an important motivator for the agency to continue to do more. Utilizing the different skills, talents and perspectives of our diverse employees contributes directly to the success of the agency, and this ultimately strengthens the credit union system.”

As part of its efforts to create a more diverse and inclusive workforce, NCUA pursued several initiatives in 2015, including recruitment, leadership development, outreach and training. All of NCUA’s employees and leadership received diversity-awareness training during the year. The agency also conducted a barrier analysis to help the agency understand how it can make further improvements in creating a diverse and inclusive work environment.

“NCUA values diversity as a business imperative,” Monica Davy, Director of NCUA’s Office of Minority and Women Inclusion said. “We know we cannot succeed if we don’t attract the best talent and create an inclusive environment where each person can contribute to his or her full potential. It is an honor to be recognized for our efforts, but the greater reward comes from being able to leverage the diversity of our workforce to accomplish our mission.” NCUA is regularly recognized by the Partnership for Public Service as a desirable workplace for women, minorities and veterans, earning high ratings for leadership, diversity, fairness and employee empowerment.

DiversityComm, Inc. annually conducts evaluations of employers, including government agencies, to identify those it classifies as the “Best of the Best” in terms of outreach and accessibility to African American, Hispanic, female and veteran populations. Scores are based on policies supporting equal access, advancement and inclusion of all individuals, as well as other activities demonstrating a commitment to diversity and equal opportunity.

The NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, the NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 124 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. The NCUA also protects consumers and educates the public on consumer protection and financial literacy issues.