Banking, Insurance and General Workers Union
Encyclopedia
The Banking, Insurance and General Workers Union (BIGWU) is a trade union
in Trinidad and Tobago
. It was formed on 21 February 2003 out of a merger between the Bank and General Workers Union
and the Bank Employees Union
. 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 union
s. It is the largest union in finance sector in Trinidad and Tobago.
Trade union
A trade union, trades union or labor union is an organization of workers that have banded together to achieve common goals such as better working conditions. The trade union, through its leadership, bargains with the employer on behalf of union members and negotiates labour contracts with...
in Trinidad and Tobago
Trinidad and Tobago
Trinidad and Tobago officially the Republic of Trinidad and Tobago is an archipelagic state in the southern Caribbean, lying just off the coast of northeastern Venezuela and south of Grenada in the Lesser Antilles...
. It was formed on 21 February 2003 out of a merger between the Bank and General Workers Union
Bank and General Workers Union
The Bank and General Workers Union , 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. It merged with the Bank Employees Union on 21 February 2003 to form the...
and the Bank Employees Union
Bank Employees Union
The Bank Employees Union , a former trade union in Trinidad and Tobago, started as a staff association in 1974 out of a consultative committee which was adopted with partners from other banks in the Barclays group....
. 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
First Citizens Bank
First Citizens Bank is a bank based in Trinidad and Tobago. First Citizens has assets of over TT$15 billion, 22 branches in Trinidad and two on Tobago. It wholly owns First Citizens First Citizens Bank is a bank based in Trinidad and Tobago. First Citizens has assets of over TT$15 billion, 22...
, the Republic Bank
Republic Bank
Republic Bank is a leading bank and financial service provider in Trinidad and Tobago and one of the largest in the Eastern Caribbean. It has branches in Grenada, Guyana, Barbados, and offshore banking operations incorporated in the Cayman Islands...
, the Central Bank of Trinidad and Tobago
Central Bank of Trinidad and Tobago
The Central Bank of Trinidad and Tobago is the central bank of Trinidad and Tobago.The Central Bank of Trinidad and Tobago is located in the Eric Williams Financial Complex. The complex consists of the central bank auditorium and two sky-scrapers, locally known as the twin towers...
and credit union
Credit union
A credit union is a cooperative financial institution that is owned and controlled by its members and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members...
s. It is the largest union in finance sector in Trinidad and Tobago.