How are unions formed?

Answer Unions aim to protect employees from inequitable and unlawful treatment and practices. Workers also use these labor organizations to present a unified front during negotiations with employers. Unio... Read More »

Top Q&A For: How are unions formed

Why are labor unions formed?

Labor unions help to protect workers from abuse by employers and to ensure industry-wide standards for employee compensation, benefits and treatment.The GuildsThe germ of the union idea dates to me... Read More »

What Is the Difference Between Regular Credit Unions & Federally Backed Credit Unions?

Credit unions are chartered by either state governments or the federal government. When people refer to a "regular" credit union, it is generally a state-chartered institution and does not have the... Read More »

Types of Credit Unions?

A credit union is an organized financial institution that is managed by its members (who are also account holders). According to the World Council of Credit Unions, a credit union is a not-for-prof... Read More »

Who oversees credit unions?

The National Credit Union Administration (NCUA) is the federal agency that oversees federal credit unions. A three-member board appointed by the President of the United States and confirmed by the ... Read More »