The Financial Services Union (FSU) has said that as it continues to represent staff in retail banking it will also be looking to the tech sector for growth.
The FSU will today launch its new three-year strategic plan aimed at growing and strengthening the union and appealing to a new generation of workers.
The union said that change in the banking sector will need to be managed in a fair and equitable manner with a just transition for stakeholders, protections for staff and continuing access to local retail banking facilities for consumers.
The FSU called for the proceeds of the banking levy to be used to support and enhance the retail bank branch network and the wider financial eco system, and to provide financial and digital literacy programmes across the country.
The union said that new flexibility from employers and trade unions will be required as the future of work continues to present an ever-changing landscape.
Despite challenges facing the banking sector, the unions said there is plenty of room for optimism.
"The tech sector is increasingly a key part of the financial sector and growth in financial services is expected to be in areas such as fintech, international finance services, sustainable finance, and ethical finance," said John O'Connell, General Secretary of the FSU.
"These developments offer new career possibilities to our members and growth opportunities to our union."
"As well as continuing to be the leading voice of workers in retail banking, the FSU will look to these and other sectors for growth," Mr O'Connell said.
Minister for Finance Michael McGrath will launch the FSU strategic plan at an event in Dublin this morning.
"A balanced and equitable economy, underpinned by a robust, secure, and well-regulated financial sector, is a key strategic objective for me as Minister for Finance and for my Department," Mr McGrath said.
"This strategy shows how the FSU is adapting to address the shifting needs of its members and broader society in what is a rapidly changing operating environment," he added.
