NCUA Releases Fiscal Year 2023 OMWI Annual Report to Congress

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Summary: National Credit Union Administration's Office of Minority and Women Inclusion Annual Report to Congress 2023

The National Credit Union Administration (NCUA) released its Office of Minority and Women Inclusion (OMWI) Annual Report to Congress on its diversity, equity, inclusion, and accessibility (DEIA) programs and initiatives for fiscal year 2023. The report highlights the agency's efforts to promote fair and inclusive business practices and assess diversity policies and practices of its regulated entities. Key achievements include:

47.5% of reportable contracting dollars awarded to minority- or women-owned businesses
47.1% of contract payments made to these vendors
41.4% of NCUA's workforce participating in employee resource groups
Exceeding federal employment rate goals for employees with disabilities and targeted disabilities
* 6.3% of new hires made using the Schedule A hiring authority

The OMWI is responsible for measuring, monitoring, and establishing policies for diversity and inclusion in NCUA's management, employment, and business activities, and ensures compliance with federal antidiscrimination and whistleblower protection laws.