Banking, Insurance and Finance Union explained

Banking, Insurance and Finance Union
Founded:1946
Dissolved:1999
Merged:UNIFI
Members:171,000 (1990)[1]
Location Country:United Kingdom
Affiliation:TUC, A4F
Headquarters:Sheffield House, Amity Grove, Raynes Park

The Banking, Insurance and Finance Union (BIFU) was a British trade union.

The union was founded in 1946 as the National Union of Bank Employees (NUBE), when the Bank Officers' Guild and the Scottish Bankers' Association merged. In 1979, it was renamed the Banking, Insurance and Finance Union. In 1999, it merged with the NatWest Staff Association and the Barclays Group Staff Union to form UNIFI.[2]

By the time of its merger, the union had 113,000 members, in national and international banks, the Bank of England, insurance companies, building societies, finance houses and the Financial Services Authority. It was affiliated to the Trades Union Congress.[3]

General Secretaries

1946: T. G. Edwards

1959: James Hornby

1963: Alfred Brooks

1972: Leif Mills

1996: Ed Sweeney

External links

Notes and References

  1. David Farnham, Employee Relations in Context, p.269
  2. http://www.amicustheunion.org/default.aspx?page=5397 Finance Sector Unions
  3. https://publications.parliament.uk/pa/cm199899/cmselect/cmtreasy/73/73ap09.htm Select Committee on Treasury Appendices to the Minutes of Evidence: APPENDIX 5 - Memorandum from the Banking Insurance and Finance Union (BIFU)