Members reassured over Britannia Building Society merger
BRITANNIA members quizzed the building society's chief executive last night over plans to merge with Co-operative Financial Services (CFS).
Directors at the Leek business want to create a 'super-mutual' by joining forces with Manchester-based CFS.
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They say a merger would lead to an ethical organisation with £70 billion of assets, nine million customers, more than 12,000 employees and 300-plus branches.
Read this story in full – and more Staffordshire business news – on our dedicated website: thisisbusiness-staffordshire.co.uk
2 Comments
by dave, STOKE
Wednesday, March 25 2009, 7:12PM
“Why i will vote NO
Just received my voting pack
Britannia will donate 35p to charity for each online vote?
I AM REDUNDANT ,SAVINGS WORTH NOTHING .
WHAT ABOUT CHARITY TO THEIR MEMBERS ?”
by Labyrinth, stoke
Wednesday, March 25 2009, 11:01AM
“This will be the end of Britannia and the quality products it offers.
The only people to benefit will be the bosses with very large payouts no doubt.”