diversity

According to the FDIC, there are approximately 7MM US households that remain unbanked and over 50MM that are underbanked. These groups have received more attention from regulators lately. While we know you are reaching out to them in your communities, we give you five strategies to help engage these potential customers.

According to the CFE Fund, 36MM adults are underbanked or unbanked. Not only that, $66MM in check-cashing fees was spent by Americans to access their stimulus funds. Bank On is an important initiative that is now available at more than 28K bank and credit union branches nationally. We explain why this initiative is catching on and how you can participate.

Several studies have found that with a diverse workforce, organizations can increase revenue and become more innovative, among other things. Not only that, but having an inclusive staff provides different points of view to more effectively problem-solve, which customers and shareholders alike appreciate. Here are seven strategies to attract and retain diverse employees.

Employee diversity can provide community financial institutions with many benefits. It can increase employee engagement, improve business performance, and allow for greater connections with a changing customer base. We give you some ways to increase your employee diversity.