by Al Williams
Credit Union South’s Timaru office will close at the end of this month and four staff will lose their jobs.
Credit Union South chief executive Tania Dickie said two part-time and two full-time positions would go in a company restructure.
Staff at the Timaru office had been offered the option of applying for newly established positions in other centres but had not proceeded, she said.
“Credit Union South, like all those in the banking sector, is being impacted by the growing use of online banking, which means much reduced activity in its branches.
“We started consultation with staff on February 8 and they were offered support services.
“This is a difficult situation for us all and I want to pay tribute to our staff for their outstanding work over the years.”
Eighteen roles across the South Island had been disestablished following consultation with staff last month.
The restructuring would include the closure of branches in Greymouth, Timaru, Oamaru and Gore and the loss of some customer service roles in Nelson and Dunedin. Two Christchurch branches would be consolidated.
The Timaru, Greymouth, Hornby [Christchurch], Oamaru and Gore branches would close on March 31.
The Hornby branch would close at the end of its lease, in May.
Ms Dickie said members could still access ATM machines in the towns where branches would close.