Diversity, equity &
One of CB&T’s employee resource groups, Pride@CB&T, was started for those who identify as LGBTQ+ or as an ally. The group’s chair, Eric Roos, embraced the importance of having a DEI platform to increase understanding of the LGBTQ+ experience in both the organization and the community at large. "I think this type of awareness is very meaningful in any organization, regardless of the size or industry,” Roos said. “It can be really eye-opening to understand different perspectives and better equip peers to be advocates and allies to others." This year, there has been an increased need for dialogue around recent social events and it has been even more critical to allow space for these discussions. DEI programs have helped initiate these conversations. The chair of another CB&T employee resource group, African Americans in Banking (AAIB), Aben Hill, believes having important conversations are strengthening bonds and forming allyship, which helps create an open environment to discuss uncomfortable topics. Hill recommends, “Take the time to slow down, pay attention and self-reflect. It’s a great time to be an active listener to hear different perspectives.” The benefits of all of our CB&T employee resource groups have been clear; by promoting a richness of diversity in the workplace, it can help teams to be more creative and productive at work—all while building deeper, more empathetic relationships with one another and our clients.
• Companies in the top quartile for gender diversity on executive teams are 25 percent more likely to have above-average profit ability than companies in the fourth quartile • Companies in the top quartile for ethnic and cultural diversity outperform those in the fourth quartile by 36 percent in profitability According to McKinsey’s 2020 report inclusion makes companies better
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Glossary of terms
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DIVERSITY Empowering people by respecting and appreciating what makes them different—around age, gender, ethnicity, religion, disability, sexual orientation, education and national origin. (Global Diversity Practice) EQUITY Treating people in fair and just ways that also consider systemic discrimination and other structural barriers. (Tech Crunch) INCLUSION The act or practice of including and accommodating people who have historically been excluded because of their race, gender, sexuality or ability. (Merriam Webster) EMPLOYEE RESOURCE GROUP Employee-led groups that are formed based on specific traits that group members possess. These groups could be focused on race, gender, interests or any other defining characteristics that group members share. (Forbes) ALLYSHIP Process of building relationships based on trust, consistency and accountability with marginalized individuals and/or groups of people. (Forbes)
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After the introductory rate ends, you may be eligible for an additional interest rate auto-pay discount 1 of 0.25% with automatic payments from your CB&T deposit account. Maintain two or more qualifying accounts with us to receive an ongoing relationship pricing rate discount 1 of 0.25%. You name it, your home’s equity can help you do it. For more information or to apply TeleLoan TM (800) 429-7685 calbanktrust.com/ heloc-offer
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1. See page 29 for important details and disclosures.
IN YOUR CORNER ISSUE 6 | 2020
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