Finance and Information Workers Union (Finsec) was a small organising

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 ( ...

covering about 6,600 workers in the

New Zealand New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island count ...

finance sector. It was formed in 1990 from the merger of the Bank Officers’ Union and the Insurance Workers Union

In October 2011 Finsec amalgamated with the

National Distribution Union The National Distribution Union (NDU) was a national trade union in New Zealand. It was formed in 1986 as the ''Northern Distribution Union'' by the merger of The Northern Drivers Union, The Northern Stores and Warehouse Union, The Auckland an ...

to create a new union called

First Union New Zealand First Union New Zealand is a national trade union in New Zealand that was formed on 1 October 2011 by the merger of the National Distribution Union and Finsec. On the 7th of November 2018, the New Zealand Bakers, Pastrycooks and Related Emp ...

. The majority of its members were located at the four big foreign owned banks in New Zealand; ASB, ANZ National Bank,

BNZ Bank of New Zealand (BNZ) is one of New Zealand's Big Four (banking), big four banks and has been operating in the country since the first office was opened in Auckland in October 1861 followed shortly after by the first branch in Dunedin in D ...

and

Westpac Westpac Banking Corporation, known simply as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place in Sydney, New South Wales. Established in 1817 as the Bank of New South Wales, ...

. However, it also covered 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 had offices in Auckland, Hamilton, Wellington and Christchurch. It was an affiliate of the

New Zealand Council of Trade Unions The New Zealand Council of Trade Unions (NZCTU or CTU; mi, Te Kauae Kaimahi) is a national trade union centre in New Zealand. The NZCTU represents 360,000 workers, and is the largest democratic organisation in New Zealand. History It was form ...

(NZCTU) and

Union Network International UNI Global Union, formerly Union Network International (UNI), is a global union federation for the skills and services sectors, gathering national and regional trade union. It has affiliated unions in 150 countries representing 20 million workers ...

(UNI).

External links

Finsec
official site. New Zealand Council of Trade Unions UNI Global Union Trade unions in New Zealand Finance sector trade unions Trade unions established in 1990 Trade unions disestablished in 2011 {{NewZealand-trade-union-stub