International Women’s Day is celebrated on 08 March every year to honor the contributions of women and their achievements in various fields. It is also a day to advocate for gender equality and women’s empowerment. In recent years, credit unions have emerged as strong supporters of women, both as employees and as members of the credit union.
Credit unions are financial cooperatives owned and controlled by their members. They offer a wide range of financial products and services, including loans, savings accounts, and insurance. Credit unions are not-for-profit organisations, meaning they reinvest their profits back into the organisation or return them to members in the form of lower interest rates or dividends.
In recent years, credit unions have become champions of diversity, equity, and inclusion. They have recognised the important role that women play in their organisations and have taken steps to ensure that women are supported and represented in leadership positions. This is the case at Hertsavers Credit Union where our chair is a woman.
One way that Hertsavers supports women is by offering financial education. We understand that women face unique financial challenges, including the gender pay gap and the fact that women are more likely to take time off from work to care for children or aging parents. By offering financial education through our blog articles and newsletters, we help women develop the skills and knowledge they need to take control of their finances and achieve their financial goals.
Hertsavers also support women by offering affordable loans and other financial products. We offer low-interest rate personal loans, and other financial products that can help women achieve their financial goals.
In addition to supporting women as members of Hertsavers credit union, we are committed to gender equity in our recruiting of Board members and promotion practices. We recognise the importance of having a diverse workforce and ensuring that women have equal opportunities for advancement.
Embracing equity means recognizing that everyone should have equal access to opportunities and resources, regardless of their gender, race, ethnicity, or other personal characteristics. Embracing equity means acknowledging and addressing the ways in which systemic discrimination and bias have created barriers for certain groups of people.
This International Women’s Day, we want to reaffirm our commitment to supporting women and promoting gender equity. We do this by continuing to offer financial education and empowerment programs that support women.
In conclusion, Hertsavers Credit Union plays an important role in supporting women and promoting gender equity. Through our financial products and services, as well as our commitment to diversity, equity, and inclusion, we are helping women achieve their financial goals and advance in their careers. On International Women’s Day and beyond, we can continue to champion women and advocate for gender equality.