Employees at the Nelson and District Credit Union have ratified a new three-year deal.

Nelson credit union staff ink new deal

The United Steelworkers Local 1-405 and Nelson and District Credit Union have ratified a new three-year contract, retroactive to June 1.

The United Steelworkers Local 1-405 and Nelson and District Credit Union have ratified a new three-year collective agreement, retroactive to June 1.

In a joint news release issued Friday, Jeff Bromley, lead negotiator for the union, said he was pleased with the process.

“Given the fact our members went through a two-month strike three years ago, the committee was encouraged by the professionalism of the parties during this round of negotiations,” he said.

“The unionized staff understands the financial pressures placed upon the credit union at this time, in spite of which they were still able to negotiate a fair wage increase and gain improved contract language.”

The agreement includes a 6.5 per cent wage increase over three years, improved protection for bargaining unit work, the addition of a health care spending account and improved language for part-time workers.

Results of the union’s ratification vote, held October 15, are not being released, but Bromley said it was passed by a “substantial majority” of the membership.

Credit union CEO Doug Stoddart said the board of directors unanimously approved the terms of the agreement Wednesday.

“The financial services industry is changing rapidly and I am pleased we could resolve this as quickly as we did,” he said. “I commend all parties involved for their efforts in reaching a mutually beneficial agreement. Our employees are the key to our success and strive to provide excellent service our members know and expect. I look forward to the next three years.”

Nelson and District Credit Union has over $180 million in assets and over 10,600 members throughout the Kootenays. It has branches in Nelson, Rossland, and Crawford Bay.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

There has been COVID-19 exposures at two elementary schools in District 42. (Image courtesy CDC)
Interior Health reports 24 additional COVID-19 cases

This includes three school exposures in Kelowna

The Regional District of Central Kootenay is no fan of the provincial STEP Code. File photo
RDCK board encouraged to ‘STEP’ forward with building code

RDCK directors have twice delayed adopting STEP Code standards

SD8 students can learn more about Métis culture, history, and language by participating in a variety of educational initiatives this month. Photo: Submitted
SD8 celebrates Métis Awareness Month

The district has a number of events planned in November

Numbers indicate positive COVID-19 tests, January through September. Map: BC Centre for Disease Control
Twenty-five cases of COVID-19 reported in Nelson, Castlegar and Trail in 2020

New data from the BC Centre for Disease Control shows numbers of cases per community

Provincial health officer Dr. Bonnie Henry arrives for briefing on the COVID-19 situation, B.C. legislature, Oct. 26, 2020 (B.C. government)
B.C. records 217 more COVID-19 cases, mask use urged

Infection spike continues, 21 senior facilities affected

Prime Minister Justin Trudeau makes his way to provide an update on the COVID pandemic in Ottawa on Tuesday, Oct. 27, 2020. Canada has reached a grim milestone in the COVID-19 pandemic, surpassing 10,000 novel coronavirus deaths. THE CANADIAN PRESS/Sean Kilpatrick
Alberta COVID deaths pushes Canada past milestone of 10,000 deaths

Canada crossed the threshold of 5,000 deaths on May 12, a little over two months after the first was reported

An elderly woman wearing a face mask to curb the spread of COVID-19 walks past an advertisement for a television series in Vancouver, B.C., Sunday, Aug. 30, 2020. THE CANADIAN PRESS/Darryl Dyck
B.C. has been under a COVID-19 state of emergency for more than half the year

Province has been under a state of emergency for 32 weeks – and counting

Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

Los Angeles Dodgers celebrate after defeating the Tampa Bay Rays 3-1 to win the baseball World Series in Game 6 Tuesday, Oct. 27, 2020, in Arlington, Texas. (AP Photo/David J. Phillip)
L.A. Dodgers beat Rays 3-1 to win 1st World Series title since 1988

National League champs claim crown in six games

Seven-year-old Aaliyah Rosa was found dead in an apartment in Langley in July. (Langley Advance Times files)
Child’s body cold, no pulse: Off-duty cop testifies in Langley mother’s murder trial

The seven-year-old girl’s mother faces a first-degree murder charge

People march during a climate strike in Montreal, Friday, Sept. 27, 2019. THE CANADIAN PRESS/Graham Hughes
Judge rejects 15 youths’ climate change lawsuit against Canadian government

Justice Michael Manson has granted the government’s motion to strike the plaintiffs’ claim

A woman walks through check in at WestJet at Pearson International airport during the COVID-19 pandemic in Toronto on Wednesday, Oct. 14, 2020. THE CANADIAN PRESS/Nathan Denette
Strong support for pre-flight COVID testing ahead of upcoming WestJet trial: YVR

Airport is partnering with UBC, which is helping choose the method of pre-flight testing

Most Read