Finance and Information Workers Union
Encyclopedia
Finance and Information Workers Union (Finsec) is a small organising trade union
Trade union
A trade union, trades union or labor union is an organization of workers that have banded together to achieve common goals such as better working conditions. The trade union, through its leadership, bargains with the employer on behalf of union members and negotiates labour contracts with...

 covering about 6,600 workers in the New Zealand
New Zealand
New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...

 finance sector. It was formed in 1990 from the merger of the Bank Officers’ Union and the
Insurance Workers Union. http://fsi.treasury.gov.au/content/downloads/suppsubs/133.pdf

The majority of its members work at one of the four big foreign owned banks in New Zealand; ASB
ASB Bank
ASB is a New Zealand bank owned by the Commonwealth Bank of Australia, which is listed on the Australian Stock Exchange. It is one of the largest New Zealand banks, with branches throughout the country. It operates BankDirect, a branchless banking service that provides service via phone, Internet,...

, ANZ National Bank
ANZ New Zealand
ANZ New Zealand is New Zealand’s largest financial services group and is a subsidiary of Australia and New Zealand Banking Group Limited of Australia. ANZ New Zealand operates under its legal entity ANZ National Bank Limited which was formed as part of the 2003 merger of ANZ and The National Bank...

, BNZ
Bank of New Zealand
Bank of New Zealand is one of New Zealand’s largest banks and has been operating continuously in the country since the first office was opened in Auckland in October 1861 followed shortly after by the first branch in Dunedin in December 1861...

 and Westpac
Westpac
Westpac , is a multinational financial services, one of the Australian "big four" banks and the second-largest bank in New Zealand....

. However, it also covers legal employees, accountancy employees, stock and station employees and commerce workers, and a growing number of members work in call centres, information technology, communications and related industries. Finsec has offices in Auckland, Hamilton, Wellington and Christchurch. It is an affiliate of the New Zealand Council of Trade Unions
New Zealand Council of Trade Unions
The New Zealand Council of Trade Unions is a national trade union center in New Zealand. The NZCTU represents 360,000 workers, and is the largest democratic organisation in New Zealand....

 (NZCTU) and Union Network International
Union Network International
UNI Global Union is a global union federation for skills and services, gathering national and regional trade unions. It was launched on January 1, 2000. Its more than 900 affiliated unions in 140 countries have 20 million members...

(UNI).

External links

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