StellerVista Credit Union Strike Enters New Phase with Uncertainty

Strategic Insights -

Employees at StellerVista Credit Union's Castlegar and Slocan Park branches remain on strike after a tentative settlement was rejected by 10-to-1 on July 9. The strike, which involves 11 United Steelworkers (USW) Local 1-405 members, has been ongoing since April 30. The union is pushing for wage increases, preserved benefits, and maintaining time-off accumulated by employees. StellerVista, on the other hand, is offering lump sums and bonuses to achieve alignment with other unionized branches.

Key Takeaways:

  • The strike involves 11 United Steelworkers (USW) Local 1-405 members at StellerVista Credit Union's Castlegar and Slocan Park branches.
  • The tentative settlement was rejected by 10-to-1 on July 9, after 10 days of mediation with a BC Labour Relations Board mediator.
  • The union's main concerns are preserving wage increases, benefits, and accumulated time-off.
  • StellerVista is offering lump sums and bonuses as an alternative to wage increases.
  • The credit union aims to create alignment in wages and benefits with other unionized branches and within sustainable limits.

Statistics:

  • 11 USW Local 1-405 members are on strike.
  • The strike began on April 30.
  • The tentative settlement was rejected by 10-to-1 on July 9.
  • The credit union offered an equivalent to 8.5 per cent of wage increases within three years via lump sum payments.

Sources:

  • Castlegar News, August 19.
  • StellerVista Credit Union, July statement.