Press Release

SIPTU members support agreement concerning credit unions merger

Date Released: 02 March 2015

SIPTU members have voted to support an agreement with management relating to redundancies and changes to work practices arising from the merger of Drogheda, East Meath and Trim credit unions.

SIPTU Services Division Organiser, John King, said: “Following talks at the LRC and other meetings with management a satisfactory resolution to all issues of concern to staff relating to the merger has been agreed. The agreement ensures that only voluntary redundancies will be sought and that workers will retain their job security.”

He added: “Media reports had implied that ‘staff issues’ were delaying the merger of these three credit unions. The reality is what was holding up the process was a reluctance by management to meaningfully engage with staff on what a merger will entail.

“SIPTU members are generally supportive of mergers such as the one proposed as the combined assets of the new body will allow for better service provision for communities and greater job security for workers.”


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