An exciting conversation is taking place around an Eighth Cooperative Principle for credit unions. Envisioned by Local Government FCU and Civic FCU CEO Maurice Smith in 2019, the Eighth Cooperative Principle commits credit unions to an unambiguous focus on Diversity, Equity and Inclusion (DEI). The principle was formally adopted by the US credit union movement in 2019.
In February 2022, Piedmont Advantage's Board of Directors unanimously adopted a resolution in support of an 8th Cooperative Principle. “Special thanks to our Diversity and Inclusion Committee for their engagement and collaboration on this important moment in Piedmont Advantage’s history,” said President / CEO Dion Williams.