Celebrating Black History Month

Since the 1970s, the month of February has been designated as a time to celebrate and commemorate the lives, accomplishments, contributions and innovations of the Black community in the United States and around the world. Schools, television networks and private organizations use this month to increase awareness and to educate people about the rich history of Black Americans.

There are so many ways to celebrate, but this month we challenge you to take action in honor of Black History Month. For example, consider supporting a Black-owned business. Many small businesses are hurting as a result of the COVID pandemic. Show your support for a business in your community that is owned or operated by a Black person, partnership or family by making a purchase or using their services. Find one here.

Are you a lifelong learner? Read a work by a Black author such as “I, Too,” by Langston Hughes, or “On Beauty,” a novel by contemporary author Zadie Smith that explores beauty and feminism within the context of race, or a memoir written by an influential Black figure. Some great picks include “Becoming,” by Michelle Obama, “The Cooking Gene: A Journey Through African American Culinary History In The Old South,” by Michael W. Twitty and “Extraordinary, Ordinary People: A Memoir Of Family,” by Condoleezza Rice.

At Desert Financial, we value DEI and celebrate not only the achievements but also recognize the struggles and adversity that Black Americans have had to overcome. We are inspired by the stories and lives of strong and influential Black Americans like Ida B. Wells, Carter G. Woodson, Harriet Tubman, Dr. Martin Luther King, Jr., Shirley Chisholm and Elijah Cummings. We encourage you to read about these amazing people as you celebrate Black History Month.

The Conversation Continues

The credit union movement has always championed financial education and inclusion for diverse and underserved populations. As a next step in our commitment to these issues, Desert Financial announced in 2020 that we are co-sponsoring a five-year project with Filene Institute’s Center of Excellence for Diversity, Equity, and Inclusion (DEI). Filene is a credit union and finance think tank — a place in which best practices are developed and from which policy is often created.

  • Diversity represents differences in people including race, age, socioeconomic status, physical ability, veteran status, sexual orientation, language and more.
  • Equity refers to the fairness of organizational outcomes and the distribution of resources such as work assignments or compensation.
  • Inclusion means that all employees experience a sense of value, and that applicants and members from diverse populations are heard and included.

A renewed focus on DEI is one important way to ensure that we are doing our part to foster equality and inclusion. As we recognize Black History month, we look forward to continuing these vital conversations in the months and years to come.

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The material presented here is for educational purposes only, and is not intended to be used as financial, investment, or legal advice.