The Banking, Insurance and Finance Union (BIFU) was a British

trade union A trade union (labor union in American English), often simply referred to as a union, is an organization of workers intent on "maintaining or improving the conditions of their employment", ch. I such as attaining better wages and benefits ( ...

. The union was founded in 1946 as the National Union of Bank Employees (NUBE), when the Bank Officers' Guild and the Scottish Bankers' Association merged. In 1979, it was renamed the Banking, Insurance and Finance Union. In 1999, it merged with the

NatWest Staff Association The NatWest Staff Association (NWSA) was a trade union representing staff at the National Westminster Bank in the United Kingdom. The union was founded in 1969 as the National Westminster Staff Association with the merger of the National Provinci ...

and the Barclays Group Staff Union to form UNIFI. By the time of its merger, the union had 113,000 members, in national and international banks, the

Bank of England The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government of ...

insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...

companies,

building societies A building society is a financial institution owned by its members as a mutual organization. Building societies offer banking and related financial services, especially savings and mortgage lending. Building societies exist in the United Kingdo ...

finance house Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fi ...

s and the

Financial Services Authority The Financial Services Authority (FSA) was a quasi-judicial body accountable for the financial regulation, regulation of the financial services industry in the United Kingdom between 2001 and 2013. It was founded as the Securities and Investmen ...

. It was affiliated to the

Trades Union Congress The Trades Union Congress (TUC) is a national trade union centre A national trade union center (or national center or central) is a federation or confederation of trade unions in a country. Nearly every country in the world has a national tra ...

.Select Committee on Treasury Appendices to the Minutes of Evidence: APPENDIX 5 - Memorandum from the Banking Insurance and Finance Union (BIFU)
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General Secretaries

:1946: T. G. Edwards :1959: James Hornby :1963: Alfred Brooks :1972:

Leif Mills Leif Anthony Mills (25 March 1936 – 17 December 2020) was a British trade unionist. Mills was educated at Kingston Grammar School and went on to study at Balliol College, Oxford before undertaking national service in the Royal Military Pol ...

:1996: Ed Sweeney

References

External links

Catalogue of the BIFU archives
held at the

Modern Records Centre, University of Warwick The Modern Records Centre (MRC) is the specialist archive service of the University of Warwick in Coventry, England, located adjacent to the Central Campus Library. It was established in October 1973 and holds the world's largest archive collecti ...

Catalogue of the BOG archives
held at the Modern Records Centre, University of Warwick Trade unions established in 1946 Finance sector trade unions Defunct trade unions of the United Kingdom Trade unions disestablished in 1999 1946 establishments in the United Kingdom {{UK-trade-union-stub