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Posted: Sunday, April 10, 2022. 11:18 a.m. CST.

By Aaron Humes: The Public Service Union (PSU) announced the withdrawal of union accounts from Belize Bank Limited after meeting with various financial institutions and sharing information with members, which resulted in a vote by its Board of Management.

The PSU says in a statement that it stands in solidarity with longshoremen who are members of the Christian Workers’ Union (CWU) and faces serious pressure which it describes as “financial and legal harassment of the CWU, its president and its members by the Port Owners of Belize Ltd (PBL)” and condemns as “a threat to all workers and an attack on the Belizean labor movement… the intimidation and retaliation against workers who choose to bargain collectively in order to better protect their rights in the face of injustice.”

The union also joins the Belize National Teachers Union (BNTU), whose leadership also voted to shut down Belize Bank operations after courts froze the remainder of the $1.5 million government award to longshore workers. echoing “… the trumpet call of trade unionism ‘Touch One, Touch All’ issued by our sister union.”

Members of the PSU and the Union say that changing financial institutions at the micro and macro levels “increases competition in the banking industry, resulting in lower service charges, better interest rates and improved banking services for the Union, while all its members benefit from less competition in the banking sector”. service charges and lower interest rates on loans and mortgages,” not to mention offering tangible support to the CWU and maintaining solidarity in the movement, “in an effort to ensure that our collective strength has a beneficial impact on social, political and economic decisions”.

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