The financial services industry trails other industries when it comes to minority women in upper-management
But the applicability of the findings to credit unions are questionable, as the study requires an institution to have at least 50
The study further found that of institutions with more than 50 employees, the percentage of black, Hispanic, Asian-American, and
According to the EEOC, in banking 13.6% of mid-level managers and 9.6% of top-level managers were minority women. For
The EEOC said that the racial/ethnic composition of employees-male and female-at credit unions reporting to the EEOC was:
The study suggests several factors for why minority women have more difficulty in rising to higher positions in banks, including
* Many minority women on track for promotions to management positions lost their jobs through mergers, acquisitions, and
The EEOC said that it found at year-end 2001 that 25% of bank employees were white men, but they held 44.4% of management-