Hand putting ballot in blue election box Source: AdobeStock.

Employees at Michigan’s largest financial cooperative, the $11.7 billion Lake Michigan Credit Union in Caledonia, voted Friday to unionize at one branch location for higher wages, benefits and better working conditions.

Seven employees at LMCU’s south division branch in Wyoming, Mich., voted in favor of forming a union with the Communications Workers of America (CWA) and five employees voted against it during a National Labor Relations Board (NLRB) election, the first successful NLRB election in the financial services industry in decades, according to union organizers. One LMCU employee did not vote.

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Peter Strozniak

 

Credit Union Times

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