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CU Snapshot

 Aug '17Jul '17
# of CUs5,708 5,893
Members
(millions)
112.7112.2
Total Assets
($ billions)
$1,372.1$1,383.7
Total Savings
($ billions)
$1,158.6$1,165
Net Cap.
Assets
10.8%10.7%
Loans to Savings82.3%81.5%
Loan Delinq.0.8%0.7%

         Credit Union Indicators

6 tips to make your CU welcoming to the LGBT community

An inclusive environment can increase appeal to employees and members.

Creating a safe space for LGBT employees and members can make your credit union more appealing to a diverse group of employees and a growing market of consumers.

Here are six tips:

1. Use the right language. Familiarize yourself with sexual orientation and gender identity definitions. Simply using the correct terms can go a long way.

2. Offer the right benefits. Don't exclude benefits that are imperative to LGBT employees, such as transgender-inclusive health insurance benefits.

3. Update your policies and live by them. Check out these sample statements and consult with an attorney about updating policies to include LGBT issues.

4. Provide staff training. Training ensures employees consciously practice workplace equality as part of their daily interactions.

5. Support the community. Philanthropy, sponsorship of LGBT events, and support of legal equality demonstrate to community and employees an organization's commitment, and present an opportunity to build relationships with new members.

6. Be aware of legal issues. Legal issues are rapidly evolving, so check with your attorney to evaluate the legal landscape in your area. An overview of your state laws can be found in the State Equality Index.

(Via news.cuna.org)