Since our establishment in 1993, the majority of members consist of local occupational unions and state-owned bank unions. After nearly 19 years of efforts, currently we have 52,000 members in 42 member unions, including 28 bank unions, 2 insurance unions, 3 security unions, and 19 local occupational unions. Even in the time of severe merger of banks, credit card debt crisis, labor market flexibility, financial tsunami, we have never stopped struggling for banking employees’ working rights and the unionization rate has been steadily grown.
    The amendments to the Union Law last year open up a legal opportunity for us to further broaden membership base in all business of financial sector. After intensive internal discussions and debates and certain negotiation with the central authority on labor affairs, the national member representatives vote for the new organization name, the Taiwan Federation of Financial Unions (TFFU), at contemporary meeting on October 27th. According to the Union Law, our organizing targets include:
    1. corporate unions of banks, insurance companies, security companies,
        credit cooperatives, and financial holding companies;
    2. occupational unions of banking employees;
    3. industrial unions of banking, insurance, security, and financial service.
    In addition, we use “Taiwan” instead of “National” to address the organizing region in accordance with national sovereignty in international union occasions.
    Standing on the basis of strong and experienced bank unions, we will continue fighting for working rights of employees in financial sectors, assist the unorganized workers to form unions and sign collective bargaining agreement with employer, and finally negotiate the industrial CBA with national employer association.