ABA Banking Journal
No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
SUBSCRIBE
ABA Banking Journal
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
No Result
View All Result
No Result
View All Result
ADVERTISEMENT
Home Mutual Banks

CFPB: Banks Providing Most Public D&I Information Among Financial Services Providers

January 19, 2022
Reading Time: 1 min read

The CFPB found that depository lenders had the highest amount of publicly available information about diversity and inclusion in the financial services sector. The CFPB’s report by its Office of Minority and Women Inclusion, based on publicly available data from 2019 of 270 entities, found that few organizations in financial services besides banks had either a dedicated diversity and inclusion executive or a formal body directing those efforts.

Banks also had the strongest showing in supplier diversity in the financial services sector, the CFPB said. Fifty-nine percent of sampled depository lenders had minority and women-owned business programs, according to the report, and the CFPB found that almost half of sampled banks published information on their diversity and inclusion strategic plans.

Many large organizations in financial services have invested in infrastructure and resources dedicated to diversity and inclusion programming, the CFPB said, adding that some small institutions have shown “impressive diversity and inclusion policies and programming.”

The CFPB said it plans to use the data collected as part of the report to provide examples of diversity and inclusion best practices, resources, and peer success stories to financial institutions.

ADVERTISEMENT
Tags: Workforce excellence
ShareTweetPin

Related Posts

Future risk and compliance professionals may be just down the hall

Marketing mutuality

Mutual Banks
May 12, 2025

Mutuals Matter campaign seeks to educate the public about what separates mutual banks from other financial institutions.

OCC sees need for regulatory reform in bank merger process

Bank mergers announced in multiple states

Community Banking
April 1, 2025

Among the deals announced were proposed bank acquisitions in Oklahoma and Tennessee and the merger of two Massachusetts mutuals.

Housing starts rise in August

Housing starts rose in February

Economy
March 18, 2025

Housing starts increased by 11.2% in February from the month prior to a seasonally adjusted annual rate of 1.5 million, the Commerce Department reported. The rate was 2.9% below the February 2024 level.

Podcast: Making the feeling ‘mutual’ for a new generation of bank customers

Podcast: Making the feeling ‘mutual’ for a new generation of bank customers

ABA Banking Journal Podcast
December 18, 2024

Seventy-eight years ago, George Bailey memorably explained the operation of a mutual savings and loan to a national audience in It's a Wonderful Life. But while today's bankers understand mutuality, do today's potential clients?

New campaign seeks to raise public awareness of mutual banks

New campaign seeks to raise public awareness of mutual banks

Community Banking
October 17, 2024

“Mutuals Matter” is a national advertising, marketing and communications effort “that aims to shine a spotlight on what sets mutual banks apart from other financial institutions,” the banks said in a statement.

OCC sees need for regulatory reform in bank merger process

Pittsfield Cooperative Bank plans to absorb credit union

Economy
September 3, 2024

Arrha Credit Union in Springfield, Massachusetts, has applied to merge into Pittsfield Cooperative Bank in Pittsfield, Massachusetts.

NEWSBYTES

ABA, associations urge CFPB to rescind changes to adjudication process

June 13, 2025

ABA DataBank: May inflation cooler than expected, but still above Fed’s 2% target

June 13, 2025

Consumer sentiment rebounds in June

June 13, 2025

SPONSORED CONTENT

AI Compliance and Regulation: What Financial Institutions Need to Know

Unlocking Deposit Growth: How Financial Institutions Can Activate Data for Precision Cross-Sell

June 1, 2025
Choosing the Right Account Opening Platform: 10 Key Considerations for Long-Term Success

Choosing the Right Account Opening Platform: 10 Key Considerations for Long-Term Success

April 25, 2025
Outsourcing: Getting to Go/No-Go

Outsourcing: Getting to Go/No-Go

April 5, 2025
Six Payments Trends Driving the Future of Transactions

Six Payments Trends Driving the Future of Transactions

March 15, 2025

PODCASTS

Podcast: Old National’s Jim Ryan on the things that really matter

June 12, 2025

Podcast: What bankers need to know about ‘First Amendment audits’

June 5, 2025

Podcast: Accelerating banking for quick-service restaurants

May 8, 2025
ADVERTISEMENT

American Bankers Association
1333 New Hampshire Ave NW
Washington, DC 20036
1-800-BANKERS (800-226-5377)
www.aba.com
About ABA
Privacy Policy
Contact ABA

ABA Banking Journal
About ABA Banking Journal
Media Kit
Advertising
Subscribe

© 2025 American Bankers Association. All rights reserved.

No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive

© 2025 American Bankers Association. All rights reserved.