Diversity, Equity, and Inclusion (DEI) can feel overwhelming, whether your bank is just beginning its DEI journey or has already made some strides. MBA has combed through the latest research for the leading practices in all areas that touch on DEI. We’ve assembled the leading practices below to help our member banks determine the actions that will be the most productive for their organizations. The categories cover a range of DEI areas: Recruiting & Hiring, Policies, Promotion & Retention, Performance & Professional Development, Leadership, Data Collection & Tracking, Benefits, and Critical Elements. |
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How to Use MBA As Your DE&I Resource
Instead of trying to do everything all at once, start with identifying one or two leading practices to implement at your bank. Choose a category on the MBA website and read through some of the leading practices listed—we’ve put the most crucial ones at the top of each section with a clickable option for more information. Start with a leading practice that is realistic for your bank to accomplish—some leading practices can be implemented right away, others are “stretch” goals for the long-term. Not every leading practice is appropriate for every organization on the basis of size/number of employees, the existing culture, available resources, or DEI goals. Choose the leading practices that resonate with your bank.
Questions? Contact MBA’s DEI subject-matter expert, Natisha Jorae to help get started.
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Corp! is thrilled to honor its 14th Annual Salute to Diversity winners - Corp! Magazine has recognized businesses, organizations and leaders who champion diversity, equity, and inclusion initiatives and achievements within their organization or the community. MBA members recognized within this article Ally Financial, First Independence Bank, First State Bank, Greenleaf Trust, Mercantile Bank of Michigan, and University Bank.
Huntington Bank Supports Local - Every day, small businesses are demonstrating not just their perseverance, but their role in our communities. Today and every day, Huntington Bank elebrate the Small Businesses that keep life moving.
Citizens National Bank - Hear what retired surgeon, Dr. Roger Lane, has to say about doing business with CNB since 1974.
Mercantile Bank - Every day, and in so many ways, Mercantile Bank employees give of themselves to better our communities.
Homestead Savings Bank - Jim and Staci Staurt with Stirling Albion on being rewarded with the 2021 Elevate Small Business Grant! Homestead is honored to be a part of their journey!
Union Bank - Union Bank is proud to support and give back to the communities it serves with volunteer time, donations and monetary support.
Highpoint Community Bank - KickStart to Career program provides local kindergarten students with a savings account designed to help students start saving money for their future college or career training expenses.
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Regulator Resources
FDIC Diversity
The FDIC Diversity material contained in the Diversity Toolkit provides informative resources to assess and strengthen diversity programs in FDIC's regulated financial institutions.
The FDIC is committed to the inclusion of Minority- and Women-Owned Businesses (MWOBs) and Small Disadvantaged Businesses (SDBs) to compete and participate in the FDIC's contracting activities, asset purchasing and investing opportunities. Learn more.
For questions, contact Claire N. Lam, Acting Director at 877-275-3342.
OCC Diversity
The OCC's Office of Minority and Women Inclusion (OMWI) administers the employee network groups that support diversity and inclusion throughout the agency. These networks offer support and camaraderie while promoting agency diversity and inclusion efforts. Learn more.
For questions, contact Joyce Cofield, Executive Director for the Office of Minority and Women Inclusion, at 202-649-6460.
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Hiring and Training a Diverse Team
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Women in Banking- MBA's annual conference for women at any level in banking.
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BankTalentHQ - MBASC Endorsed Partner BankTalentHQ utilizes the Circa network which focuses on diverse hiring pools sharing your posts with over 15,000 organizations.
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CybHER - Founded by Dr. Ashley Podhradsky a board member of the First Bank & Trust of South Dakotaand sponsored by MBASC Endorsed Partner SBS CyberSecurity. CybHER provides resources for girls from middle school through collegiate programs and into professional careers, CybHER will allow women to foster positive and encouraging relationships within this industry through original and curated content that educates and motivates women.
- The Management of Workplace Diversity
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DE&I Education and Conversation
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Does your bank have a DE&I program?
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Please contact me with more information.
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