New York credit union signs first contract with organized employees
Genesee Co-op Federal Credit Union in Rochester implemented the labor agreement after more than 14 months of bargaining.
Source: americanbanker.com
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Genesee Co-op Federal Credit Union in Rochester implemented the labor agreement after more than 14 months of bargaining.
Employees at Genesee Co-Op Federal Credit Union in New York and Beneficial State Bank in California formed unions in the past year to bargain for better wages and reform their corporate cultures. Will workers at other community institutions follow their lead?
The unionization of the credit union's staff mark a rare occurrence in the world of financial institutions.