Ipswich branch of the Chelsea Building Society to close
- Credit: PA
The Chelsea Building Society branch in Ipswich is one of 22 identified for closure as part of a network overhaul announced by the Yorkshire Building Society Group.
Most staff at the affected branches will be redeployed, according to the society, with only 13 jobs at risk as a result of the closures.
The society currently has three sites in Ipswich, with Yorkshire Building Society and Norwich & Peterborough Building Society branded branches located in Tavern Street as well as the Chelsea branch in Princes Street.
Both the Chelsea Building Society and Barnsley Building Society names are to be phased out, with those that remain open being rebranded under the Yorkshire Building Society identity.
Seven Chelsea Building Society branches will close in total, with the rest to be rebranded by September.
Six Barnsley Building Society branches will also close, with the remainder being rebranded by July, and nine Yorkshire-branded sites will also shut, reducing the overall estate from 230 to 208 by the end of the year.
The group added that its 45 Norwich & Peterborough Building Society branches were not affected by the rebranding plan.
- 1 The most beautiful places to live in Suffolk - according to estate agents
- 2 Town set to appeal Morsy's FA charge
- 3 The Unruly Pig in Suffolk is named best gastropub in the UK
- 4 'We want him to be effective' - McKenna on Celina
- 5 Ipswich man jailed for 25 years after teen left paralysed in shooting
- 6 Man, 33, jailed for 10 years for child sex offences
- 7 Cash machines stolen in ram raid at Tesco in Brandon
- 8 Weather warning in place for Suffolk as temperatures plunge below freezing
- 9 Road rage incident sees van driver run over by car
- 10 'It was too great a risk' - Ex Town defender Parr hangs up his boots
Chris Pilling, chief executive of Yorkshire Building Society, said: “Our branch network always has been, and remains, at the heart of our business, providing the face-to-face service that many of our members prefer.
“These planned changes will make us more efficient and will deliver greater long-term value to both new and existing members. They will also help us to support the changing needs of our members.”
The Yorkshire Building Society merged with the Barnsley Building Society in 2008, the Chelsea in 2010 and the Norwich & Peterborough in 2011.