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The two prior Unions were both formed in 1974. As its name suggests, most of its members are employed in the finance sector but in particular at the First Citizens Bank, the Republic Bank, the Central Bank of Trinidad and Tobago and credit unions. It is the largest union in finance sector in Trinidad and Tobago.
The Bank and General Workers Union (BGWU), formerly Bank Workers Trade Union (BWTU), a former trade union in Trinidad and Tobago, was formed on 17 April 1974 and represented workers in over 60 companies, including all the workers at the Central Bank of Trinidad and Tobago.
The National Trade Union Centre of Trinidad and Tobago (NATUC) is a trade union federation in Trinidad and Tobago.It was created in 1991 by the merger of the Trinidad and Tobago Labour Congress (TTLC) and the Council of Progressive Trade Unions (CPTU).
Credit unions partner with other credit unions independently and through the CO-OP network, which provides members access to more than 5,600 shared branches and over 30,000 ATMs in all 50 states ...
Credit unions are insured by the National Credit Union Administration (NCUA), whereas banks are covered by the Federal Deposit Insurance Corp. (FDIC). In both cases, the coverage is up to $250,000 ...
Check out this list of credit unions that have failed since 2012. ... Trinity Credit Union, Trinidad, CO. 07/27/2012. Merged. Telesis Community Credit Union, Chatsworth, CA. 03/23/2012.
A branch of the Coastal Federal Credit Union in Raleigh, North Carolina. A credit union is a member-owned nonprofit cooperative financial institution.They may offer financial services equivalent to those of commercial banks, such as share accounts (savings accounts), share draft accounts (cheque accounts), credit cards, credit, share term certificates (certificates of deposit), and online banking.
Among the major developments in the Union's history was a strike in 1984 over a collective agreement for the period June 1984 to May 1987 and a lock-out initiated by the Bank in 1987. The BEU merged with the Bank and General Workers Union on 21 February 2003 to form the Banking, Insurance and General Workers Union .