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

trade union A trade union (British English) or labor union (American English), often simply referred to as a union, is an organization of workers whose purpose is to maintain or improve the conditions of their employment, such as attaining better wages ...

covering about 6,600 workers in the

New Zealand New Zealand () is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and List of islands of New Zealand, over 600 smaller islands. It is the List of isla ...

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 a ...

to create a new union called

First Union New Zealand Workers First Union is a national trade union in New Zealand that was formed as First Union on 1 October 2011 by the merger of the National Distribution Union and Finsec. It changed to the current name in March 2024. Leadership and structure FI ...

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

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

. 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; ) 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 formed in 1987 by the m ...

(NZCTU) and

Union Network International UNI Global Union, formally Union Network International (UNI), is a global union federation for the skills and services sectors, uniting national and regional trade unions. 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