Island Savings Credit Union strikes deal with unionized staff
A nasty strike at Island Savings Credit Union in 2006 will not be repeated in the near future.
According to an ISCU press release, the credit union and its employees have cemented labour peace until 2013.
After three days of discussion and a ratified vote, COPE Local 378 has agreed to a new, two-year contract, effective July 1, 2011.
The release states the deal was reached four months ahead of the existing contract expiry.
The last two-year agreement signed in February 2009 was completed 18 weeks ahead of schedule.
Three of Island Savings’ 13 branches are unionized — downtown Duncan, Mill Bay, and Lake Cowichan.
The 2006 strike lasted 4 1/2 months.