State Street Branch Vandalism

Repairs underway, lobby service remains suspended

 

The UW Credit Union Sign at the State Street Madison, WI branch.

The UW Credit Union branch located at 662 State Street and the ATM located at the State Street Peace Park are among several local businesses that were vandalized in the early hours of June 2, 2020. The Credit Union is working to assess the scope of the damage before sharing a timeline for repairs. Lobby service will remain suspended until all repairs are complete. During this time, State Street branch employees will be temporarily reassigned to work at other locations and will not see any interruption in pay.

From UW Credit Union President & CEO Paul Kundert

“We stand in support of our black employees, members, and neighbors," said UW Credit Union President & CEO Paul Kundert. “We recognize that last night’s protests seek to bring awareness to the prevalence of racism and the injustice suffered by so many. We respect all community members’ right to be heard, as well as those who put on a uniform to protect our city honorably and equitably. On behalf of UW Credit Union, please know that we hear you and we’re listening.”

If you or someone you know wishes to connect with us directly, you may do so at president@uwcu.org

What is UW Credit Union doing to be a positive force for change:

While physical property can be repaired, we recognize that emotional repairs, specifically to systemic issues like racism that have plagued our nation for generations, require more complex solutions. UW Credit Union seeks to be a part of that change.

How?

  • Lead by example. Change starts at the top. Racial and gender diversity is a primary focus for the UW Credit Union Board of Directors and is something that prompted the leadership team to create a Director of Diversity Equity and Inclusion (DEI) position. We welcomed Sheila Milton to the team last fall to lead those efforts and help eliminate racial bias. Sheila is partnering with our senior leaders, human resources, talent development and talent acquisition, looking at it all through a DEI lens. Just last month Sheila addressed DEI as an “ongoing journey” in this podcast.
  • Give. As an organization, we are always looking for ways to give back to the community. In addition to regular donations to partners like the United Way and The Boys and Girls Club to help provide people of color access to education and jobs. To help bring change to financial services we recently invested in a new Center of Excellence for Diversity, Equity and Inclusion (led by Filene). Last month, we provided a $20,000 grant to The Foundation for Black Women’s Wellness to close their COVID-19 Relief Fund goal
  • Educate and Inform. All UW Credit Union managers and staff receive training on bias in the workplace. UW Credit Union also encourages employees to consider joining Employee Community Groups (ECG), such as the Black Excellence Group, to support each other and increase understanding.
  • Engage. UW Credit Union is actively recruiting new employees from communities of color. We regularly welcome new employees from community programs that provide jobs skills training to people of color.

Additionally, UW Credit Union avoids any business practices that exploit the working poor, and disproportionately impact people of color.

  • No overdraft fees on debit card use for any checking account
  • Overdraft free checking account options
  • No interest rate mark-ups by dealers for auto loans – fair rates for everyone
  • Implemented living wage ($15.75 minimum wage)

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