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PODCAST: Credit Unions & Affirmative Action Compliance

PODCAST: Credit Unions & Affirmative Action Compliance

Listen to the latest episode of the CUNA News Podcast featuring Chris Lindholm, Vice President of Compliance at OutSolve. He outlines steps credit unions can take to ensure affirmative action compliance, shares commonly overlooked details to take note of, and explains the consequences of noncompliance.

credit union affirmative action complianceFinancial institutions covered by the National Credit Union Administration (NCUA) with deposit insurance are subject to comply with Affirmative Action Program obligations under Executive Order 11246, the Vietnam Era Veterans’ Readjustment Assistant Act (VEVRAA), and Section 503.

With credit unions prioritizing diversity, equity and inclusion (DEI) work, and the Biden-Harris Administration’s interest in enforcing measures related to the Office of Federal Contract Compliance Programs (OFCCP), credit unions should remain proactive and ensure they are in full compliance.

For further assistance with affirmative action compliance contact OutSolve at info@outsolve.com or at 888.414.2410.

OutSolve

Founded in 1998, OutSolve has evolved into a premier compliance-driven HR advisory firm, leveraging deep expertise to simplify complex regulatory landscapes for businesses of all sizes. With a comprehensive suite of solutions encompassing HR compliance, workforce analytics, and risk mitigation consulting, OutSolve empowers organizations to navigate the intricate world of employment regulations with confidence.

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