Workforce management

This five-part series is a comprehensive effort to explain the racial discrimination Black Americans face in our financial system.

Ann Goldinak will take the helm of the New Jersey-based credit union when John Culp retires in December.

The media company Urban One has launched a new account that includes a prepaid debit card and encourages customers to buy from Black-owned business and lets them donate their cash back to charity.

Gail DeBoer has announced her plans to retire in early 2021 after more than three decades at the Nebraska-based institution.

While some institutions have held off on staffing up for new projects, many mission-critical positions at the executive level are still being filled. It may take until well into 2021 before normal patterns return.

From pervasive discrimination at work to the dangers of #BankingWhileBlack, Black people in America face serious hurdles when engaging with the financial services. Join us for a panel discussion featuring guests from the upcoming Access Denied: Systemic Racism in Financial Services podcast.

The legislation would extend to the banking system the Civil Rights Act's protections for customers of hotels and restaurants.

The credit union regulator has no immediate plans to bring staff and examiners back into the office, but Chairman Rodney Hood said staying remote would remain an option for all staff members during Phase 1 of any return.

Despite tangible evidence dispelling that it's hard to find Black talent, the financial services have yet to crack the code when it comes to building a representational workforce. But is it a sufficient solution on its own?

The veteran executive will receive a $13 million lump-sum payment if she stays with the North Carolina company for two years after the deal closes.