The union’s most notable possession is Amalgamated Bank, the United States’ only labor union-owned banking institution. As of the end of 2017, the union had 86,375 members. It consists of a number of “joint boards,” regional and industry-related divisions inherited from its predecessor garment workers’ unions, and those joint boards consist of local labor unions. Workers United operates within the Service Employees International Union (SEIU). The union reported 86,375 members in 2017. Today, Workers United is headed by longtime union official Lynne Fox, who also chairs the board of Amalgamated Bank. Shortly after Henry took control of SEIU, Raynor resigned from Workers United amid allegations of financial misconduct. Workers United’s prominence fell after Stern retired from SEIU and his ally Anna Burger was outmaneuvered for the SEIU presidency by Mary Kay Henry. 3 Raynor’s faction would disaffiliate from Unite Here and form Workers United within SEIU.

Andy Stern, then-president of the SEIU, invited all of Unite Here to merge into SEIU Wilhelm’s faction rejected the merger. The union was founded after Bruce Raynor, formerly the head of the garment workers’ faction of Unite Here, lost a power struggle with his former co-president John Wilhelm, head of the hotel workers’ faction. Workers United is perhaps most notable for controlling Amalgamated Bank, the nation’s only labor-union-owned banking institution and the chosen financial institution of liberal political organizations including the Democratic National Committee. In March 2009, fifteen regional joint boards of Unite Here voted to leave the union and join the SEIU, forming Workers United. Workers United, SEIU is a labor union and division of the Service Employees International Union (SEIU) that was founded in 2009 as a result of the dissolution of the merged labor union Unite Here.

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