NCUA to Host Minority Depository Institutions Listening Session
ALEXANDRIA, Va. (May 2, 2016) – The National Credit Union Administration announced today that it will host a May 25 listening session to solicit input on ways it can enhance its Minority Depository Institutions Preservation Program.
The listening session will be held at NCUA’s Central Office, 1775 Duke Street, Alexandria, Virginia, beginning at 2 p.m. Eastern. The event will run approximately 90 minutes. To attend in person, please register by email to [email protected]
In addition, the listening session will be available over livestream. Registration is necessary and available online here. Participants will use this same link to log into the livestream, which will begin 15 minutes before the listening session starts. There is no charge to view the livestream.
Once registered, participants will receive a link they can use to test their systems. Participants with technical questions about accessing the livestream may email [email protected]
The listening session will begin with a brief overview of how a credit union can designate itself as a minority depository institution and the benefits of participating in the program. NCUA’s Office of Minority and Women Inclusion Director Monica Davy will then lead a panel of experts who will share insights on how to better support and preserve minority depository institutions.
The panelists include:
- Timothy Anderson, board chairman, African American Credit Union Coalition
- Carla Decker, board member, Network of Latino Credit Unions and Professionals
- Robert Leonard, director, Division of Consumer Access, Office of Consumer Protection, NCUA
- Martha Ninichuk, deputy director, Office of Small Credit Union Initiatives, NCUA
- Pamela Owens, vice president of programs, National Federation of Community Development Credit Unions
- Elliot Weiss, supervision analyst, Region III, NCUA
An open forum will follow to solicit ideas to enhance the program and to answer any questions. Participants may submit questions in advance at [email protected] The subject line of the email should read, “Sustaining Minority Depository Institutions Listening Session.” Credit unions also can contribute to the conversation on Twitter by using #NCUAChat.
Established in 2011, NCUA’s Office of Minority and Women Inclusion oversees all agency matters relating to measuring, monitoring and establishing policies for diversity in NCUA’s management, employment and business activities. It also assesses the diversity policies and practices of NCUA’s regulated entities, excluding the enforcement of statutes, regulations and executive orders pertaining to civil rights.
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, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 102 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. At MyCreditUnion.gov and Pocket Cents, NCUA also educates the public on consumer protection and financial literacy issues.