Jul 21, 2020
CU 2.0 Podcast Episode 103 Pablo DeFilippi of Inclusiv on Diversity, Equity, Inclusion DEI 3
"The credit union industry needs to reflect the community," said Pablo DeFilippi, a senior vice president at Inclusiv, the association for community development credit unions, a past CEO of the Lower East Side People's Federal Credit Union in New York, and a leading voice in the push for more Diversity, Equity and Inclusion in the credit union universe.
He points out that, as nation, we are becoming ever more diverse. Indeed, by 2045, the US will become "minority white," according to demographers.
The time for change is here and, said DeFilippi, he hopes we are moving beyond statements alone - well meaning as they may be - and into action.
He reminds us that the nation's first credit union, St. Mary's Bank, was founded in 1908 by French Canadian immigrants in Manchester, New Hampshire, who felt excluded by mainstream financial institutions.
DeFilippi's point: this kind of outreach is in the credit union DNA, it is a mission credit unions are well positioned to fulfill.
DeFilippi w…