NCB Recognized for Workplace Diversity


Washington, DC (November 1, 2007
) — NCB’s efforts to promote diversity in the workplace has earned an award from the Mortgage Bankers Association (MBA) this month. The MBA award for “Best Overall Corporate Diversity Program” recognizes the corporate diversity programs within real estate finance companies that best exemplify innovation and effectiveness.

“This award validates the progress NCB has made in promoting workplace diversity,” said Charles E. Snyder, President and CEO of NCB. “We will continue to build on the programs that we have already implemented to ensure the advancement of diversity within the organization.”

Diversity plays an important role in NCB’s mission to support and advocate for America’s cooperatives and their members. The organization realizes that a community is best served by a staff that reflects the makeup of that community. For example, Bank-wide the diversity breakdown is 54 percent minority which is representative of the communities where NCB does business. In addition, NCB encourages consistent recruitment, hiring, training and promotion of qualified professionals with diverse backgrounds at all levels of the Bank.

“With more than 400 employees across the country in our offices in Washington, DC, Virginia, Ohio, New York and California, we must place diversity as a priority,“ Mr. Snyder added.

NCB means National Consumer Cooperative Bank, its subsidiaries and NCB Capital Impact, an affiliated non-profit corporation. Loans and technical assistance may be provided by NCB, NCB Capital Impact or NCB, FSB, all of which are Equal Housing Lenders. NCB, FSB is a wholly-owned subsidiary of NCB. Deposit products and services are provided by NCB, FSB, which is FDIC insured. Housing development services are offered through NCB and NCB Capital Impact's jointly owned subsidiary, NCB Community Works, LLC. Each is a separate entity within the NCB Financial Group.

NCB is dedicated to strengthening communities nationwide through the delivery of banking and financial services, complemented by a special focus on cooperative expansion and economic development. Headquartered in Washington, DC, NCB also has offices in Alaska, California, New York and Virginia. In addition, NCB has a growing community banking network in southwestern Ohio. To learn more about NCB, visit www.ncb.coop.

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