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The Financial Services Union (FSU) is a
Almost a century of progress
In 1992, the union-led a major strike. Although this led to a short-term drop in membership, in the long-term the union believes it helped it secure better rights for its members and promoted membership growth. The union was renamed as IBOA The Finance Union in 2007. Its membership reached a peak of 25,000 in 2008, but then fell to 15,000 during the global financial crisis. It began admitting workers in non-banking companies which provide outsourced services to banks, and in recognition of this, became the Financial Services Union in 2016. In 2018 Dermot Ryan succeeded Larry Broderick as General Secretary. At its May 2018 conference, the Union marked the centenary of its foundation. Sharon McAuley is the elected President of the Financial Services Union. Her term runs from 2018-2021. Following the departure of Dermot Ryan, Gareth Murphy was appointed Acting General Secretary in October 2018.
The Financial Services Union (FSU) is a 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 ( ...
representing staff in the finance sector in the Republic of Ireland
Ireland ( ga, Éire ), also known as the Republic of Ireland (), is a country in north-western Europe consisting of 26 of the 32 counties of the island of Ireland. The capital and largest city is Dublin, on the eastern side of the island. A ...
, Northern Ireland
Northern Ireland ( ga, Tuaisceart Éireann ; sco, label= Ulster-Scots, Norlin Airlann) is a part of the United Kingdom, situated in the north-east of the island of Ireland, that is variously described as a country, province or region. Nort ...
, and those employed by Irish financial institutions in Great Britain
Great Britain is an island in the North Atlantic Ocean off the northwest coast of continental Europe. With an area of , it is the largest of the British Isles, the largest European island and the ninth-largest island in the world. It is ...
and overseas.
History
The origins of the union lie in a meeting at the Glentworth Hotel inLimerick
Limerick ( ; ga, Luimneach ) is a western city in Ireland situated within County Limerick. It is in the province of Munster and is located in the Mid-West which comprises part of the Southern Region. With a population of 94,192 at the 2016 ...
in 1917. This led to the formation of the Irish Bank Officials Association the following year at the Mansion House in Dublin. Always an all-Ireland organisation, since the 1960s, it has also represented employees of Irish banks in Britain.Financial Services Union,Almost a century of progress
In 1992, the union-led a major strike. Although this led to a short-term drop in membership, in the long-term the union believes it helped it secure better rights for its members and promoted membership growth. The union was renamed as IBOA The Finance Union in 2007. Its membership reached a peak of 25,000 in 2008, but then fell to 15,000 during the global financial crisis. It began admitting workers in non-banking companies which provide outsourced services to banks, and in recognition of this, became the Financial Services Union in 2016. In 2018 Dermot Ryan succeeded Larry Broderick as General Secretary. At its May 2018 conference, the Union marked the centenary of its foundation. Sharon McAuley is the elected President of the Financial Services Union. Her term runs from 2018-2021. Following the departure of Dermot Ryan, Gareth Murphy was appointed Acting General Secretary in October 2018.
General Secretaries
:1948: John Titterington :1973: Job Stott :1989: Ciaran Ryan :2000: Larry Broderick :2018: Dermot Ryan :2018: Gareth Murphy (Acting General Secretary) :2019: John O'Connell General SecretaryReferences
Further reading
*External links
* {{Authority control Trade unions in the Republic of Ireland All-Ireland organisations Trade unions established in 1918 Finance sector trade unions