FDIC’s 2021 Financial Institution Diversity Self-Assessments are Being Accepted Until June 30, 2022

The FDIC’s Office of Minority and Women Inclusion (OMWI) has announced that submissions for the 2021 reporting period for voluntary self-assessments of FDIC-supervised institutions’ diversity policies are being accepted until June 30, 2022.  The self-assessments are voluntary, but OMWI encourages organizations with 100 or more employees to participate.  

OMWI’s Financial Institution Diversity Program assesses the diversity policies and practices of FDIC-supervised financial institutions in various areas including (i) organizational commitment to diversity and inclusion; (ii) workforce profile and employment practices; (iii) supplier diversity and business practices; (iv) practices to promote transparency of organizational diversity and inclusion; and (v) entities’ self-assessment.  The FDIC asserts that the assessment results have no impact on an institution’s safety and soundness, consumer compliance, or CRA examination ratings.  The FDIC also asserts that it treats all information gathered from self-assessments as confidential commercial information, and that requests for data or information will be subject to the Freedom of Information Act. 

The diversity self-assessment form is accessible online through the secure FDIC connect portal.