FIL-26-2019
May 20, 2019
Financial Institution Diversity Video
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Summary:
The FDIC’s Office of Minority and Women Inclusion (OMWI) prepared a video that is available on the FDIC YouTube Channel. In the “Financial Institution Diversity” video, OMWI Director Saul Schwartz describes the FDIC’s Financial Institution Diversity Program. Financial institutions that the FDIC regulates are encouraged to conduct annual self-assessments of their diversity policies and practices as outlined in the Interagency Policy Statement Establishing Joint Standards for Assessing the Diversity Policies and Practices of Entities Regulated by the Agencies (Policy Statement).
The FDIC appreciates the continued participation from its regulated financial institutions that have submitted diversity self-assessments. With the release of the Financial Institution Diversity video, the FDIC is extending the submission deadline to May 31, 2019, to provide institutions additional time.
Statement of Applicability to Institutions With Total Assets Under $1 Billion: This Financial Institution Letter provides information to all FDIC-regulated financial institutions having 100 or more employees.