Report
345
Number
Dec 09 2014

Women in Leadership Colloquium

Globally in financial services, women comprise 25% of middle managers, 19% of senior leaders, 14% of board members, and 2% of CEOs. While women are an essential part of credit unions around the world, they still face systematic challenges that threaten their professional aspirations.

Report Number 345

Executive Summary

Social involvement built the very fabric of the credit union system. This is what makes financial cooperatives special. To that end, credit unions share a unique connection with issues concerning equality and ethics.

Women have always played an important role in financial services, and they are taking on more and more leadership roles every year. However, gender inequality in the American workplace still exists and poses a significant challenge for women who are looking to ascend professionally. So much more can be done for women to feel a sense of full social and economic equality.

Filene and the World Council of Credit Unions hosted the Women in Leadership Colloquium at the University of Southern California. The colloquium brought together experts from academia, recruiting, and credit unions to share research and jump-start dialogue related to women leaders in credit unions.