American Banker: Employees of Verity Credit Union in Seattle launch labor union bid
Employees of Verity Credit Union in Seattle are working with the Communications Workers of America to form a labor union.
Eligible frontline staffers across the $841.4 million-asset Verity hope that through collective bargaining, they can address issues stemming from what they say are a lack of upward mobility and the possible elimination of remote work opportunities.
Despite still being scarce within the financial services industry, employee unions at banks and credit unions are a growing movement as younger generations of talent continue to increasingly advocate for improved working conditions.
"Our whole goal of starting this union has been to make Verity a better place to work. … If you're going to say that 'people come before the bottom line' is a part of your values, I think it's important that your actions back that up," said Jessica Ufland, a tier two call center representative at Verity.