Climate United’s Post

Yes, Virginia… “WHY WE THINK DEI IS A-OK” A Periodic Blog by Virginia Varela If you've been part of the workplace for the past few years, you know that DEI—diversity, equity and inclusion—has become not only a goal but a veritable mantra for companies and nonprofits wishing to improve fairness and justice in their hiring and market practices. I'm proud to say that this didn't require much of a stretch for us at Golden Pacific Bank, a division of SoFi Bank, N.A. In fact, was a priority for us before it became a socially moral mandate. Malcolm Forbes called diversity "the art of thinking independently together.” Mahatma Gandhi believed, “No culture can live, if it attempts to be exclusive.” Here is what we believe at SoFi: "We’re committed to creating a workplace where everyone feels welcomed, included, and able to contribute. We respect and celebrate diversity of all forms because it unlocks collaboration, accelerates creativity, and allows us to innovate faster." In short, treating people with respect makes business sense as well as being the right thing to do if you want to contribute to the well-being of what used to be called the commonwealth (sometimes, "commonweal"): the society in which we live, work and celebrate humanity. Golden Pacific Bank is now Golden Pacific Bank, a Division of SoFi Bank, N.A. Member FDIC 2023 Golden Pacific Bank. This information should be used for informational purposes only. #bank #sacramento #yubacity

Iota Phi Theta, The National Pan-Hellenic Council, and JPMorgan Chase Launch Strategic Partnership Aimed at Creating Pathways to Build Wealth. In February 2019, JPMorgan Chase & Co. launched Advancing Black Pathways (ABP) to strengthen the economic foundation of the Black community. ABP focuses on four key areas where there are racial and economic disparities that create barriers to long-term financial success: careers and skill building, business growth and entrepreneurship, financial health and wealth creation, and community development. JPMorgan Chase’s Advancing Black Pathways and the National Pan-Hellenic Council (NPHC) have partnered to develop financial literacy programs and create professional development opportunities for all nine historically African-American fraternities and sororities. This first of its kind partnership will be used to create NPHC-specific resources to educate and empower members with financial literacy and access to resources to help them succeed in the future of work. Through this partnership, NPHC and JPMC will continue to work together to provide greater financial literacy and education to African American communities. #IPT1963 #IotaPhiTheta #ONEIota #NationalPanHellenicCouncil #NPHC #Divine9 #D9 #StrongerTogether

Acess to capital convo tonight! Registration link below. Very important information to understand in todays market.

Thank you for continuing to champion why it’s vital for corporations to embrace inclusive growth strategies Greg Cunningham, MBA. When many parts of the country are seemingly going backwards as it pertains to DEI efforts, U.S. Bank and many major corporations here in Minnesota understand we can’t go back. I’ll never understand how a corporation can pull back on strategies that are intended to attract more talent and consumers to their brands. As I shared in a recent interview with MPR, DEI in corporate has sometimes gotten mixed in with social justice. It’s not social justice, it’s making sure your team reflects your customer base so you can create and offer services that keep you relevant. We are going to be a majority-minority nation. This is a fact. So corporations have a choice to either do good business, or to ignore what’s soon to be the majority of their potential customers. We’re paying attention. #FutureOfBusiness #ChampioningDiversity #USBank #DiversityMatters #CorporateLeadership #SocialImpact 

Redemption Holding Company, a Black-led investment group, is planning to acquire Utah-based Holladay Bank & Trust. If the acquisition goes through, the bank would become not only Black-owned, but also the only Minority Depository Institution (MDI) west of Texas. The goal is to partner with other MDIs and create a full-service banking platform that serves consumers and business owners, offering lending products like mortgages and loans. Bell believes the state is favorable as far as bank regulations go, making it an ideal location. This acquisition could change the game for Black fintechs, such as Ready Life, that require banks to operate, but there aren't many Black-owned banks available. Redemption Bank’s target is working-class Black Americans. They want to work with those looking for access to credit to grow their businesses and create jobs in their communities. What are your views on this acquisition? Read the full story by Bria Overs from Word in Black at dallasweekly.com #Iamdw #blackpress #BlackBanking #MinorityDepositoryInstitutions #RedemptionHoldingCompany #BusinessBanking

Texas Bankers Association, Sunflower Bank, N.A. and Black Women In Business took our first history making “step” in March of this year to present the Community Investment Program: Small Business Success Series, and it has been a huge success! The four-part series is designed to help entrepreneurs get a better grip on their finances to positively impact the future of their businesses. Financial education, banking direction and access to more capital are three key factors in the success of businesses or the lack thereof. Black entrepreneurs are much more likely to rely on personal funds and credit to finance their businesses. This is due in part to barriers to attain bank loans and other sources of institutional capital, but it is also the result of staggering inequalities. Our goal is to do our part to help change the “game.” Rod Griffin, Senior Director, Consumer Education and Advocacy for Experian was our presenter for the evening. Our topic was “Making The Change From Personal to Business Credit and Understanding Scores.” This 26 year Experian MVP brought his ‘A’ game! Thanks, Rod! I would also like to thank, Donna Day, Central Texas Regional Market President and her Sunflower Bank Team for opening their doors for BWIB. The investment speaks volumes to the mission of your leadership and bank. Thank you, Mary Lange, VP of Texas Banker’s Association for having a desire to ‘create’ a stronger relationship with not only Black entrepreneurs, but the Black community as a whole. In order to change the game, we must first be willing to understand it from the perspectives of those who it impacts. Your support and leadership are greatly appreciated. We Are Better Together. #businessbanking #newvision #credit #finances #experian #bwib #community #blackownedbusinesses #watchthework

"When the @nfl announced it would take out some $78 million in loans from minority owned banks and credit unions, it was a welcome shot in the arm after the recent regional bank failures this spring sent shockwaves throughout our nation’s banking sector… in turn putting pressure on the already strained black owned banks. On ABC News Live Prime with Linsey Davis, We traveled to the south, diving into the history of minority owned banks and what they need now to stay afloat." via ABC News Live Prime #NFLSupportsMinorityBanks #FinancialEmpowerment #CommunityInvestment #DiversityInFinance #MinorityOwnedBanks #SupportingBlackOwnedBanks #BankingResilience #EconomicInclusion #ABCNewsCoverage #FinancialStability #EmpowermentThroughBanking

Bank of America created it's own logo for SHPE's 49th National Convention in Salt Lake City, UT -- BE A GAME CHANGER! and Jenny Kim Park, Head of Diversity & Inclusion at Bank of America, delivered inspirational remarks at the Excellence in STEM Luncheon. Her remarks centered on a key Bank of America phrase -- the Power of One. "The Power of One person, Rodrigo (Rod) Garcia, to gather a cohort to create an organization that now has a base [nearly 18,000 members] strong and a sponsor base of over 260 corporations was truly [SHPE's] first star. ... So, to all of you in the room today, you are here because you are supporting a community of people who are here to make a difference. Maybe you are here unsure of what part you can play, what career you can have, what difference you can make. But remember that one person, one company, one organization can catalyze an incredible change and that company, or that person, can be you." #SHPEfamilia #WeAreFamilia #SHPEimpact #SHPE4life

BMO's racial equity audit will begin this year and take place in two parts: first, employment equity and then, business practices. Further, all the Big Six banks that pledged to increase the number of Black board members have done so, a year ahead of the BlackNorth Initiative goal's deadline. My latest for Investment Executive.

Last month Dame Alison Rose stepped down from her role as chief executive of NatWest, one of the UK’s largest banks.   Her resignation capped weeks of controversy after it emerged she had leaked inaccurate information on the reasons for former UKIP leader Nigel Farage losing his account at the prestigious private bank Coutts, owned by NatWest.   It also came mere hours after NatWest Chair Howard Davies expressed his “full confidence” in Rose.   Does this incident mark the arrival of American-style ‘culture wars’ to the European financial sector? Or is this a straightforward case of a senior leader behaving inappropriately and failing to respect client confidentiality?   Either way, there are dramatic lessons here for communications professionals in how to handle fast-moving situations with significant political exposure.   Crisis comms falls to us all sooner or later - what are your takeaways? Let us know below.   #fincom #FincomAlliance #CrisisComms #communications #leadership