Dunfermline HO to become Nationwide regional admin centre
Dunfermline Building Society’s head office in Fife is to become the regional administrative centre for Nationwide, its UK based parent company.Nationwide acquired a majority stake in the Dunfermline following its collapse in March last year and its intentions are to close the head offices of Cheshire and Derbyshire building societies and move their operations to Scotland.
It will create 150 jobs at Caledonia House in Dunfermline, but 75 will go as Dunfermline will no longer offer its own mortgage products. The net gain of 75 will bring the total employed at Caledonia House to 350.
The site will become a call centre and administrative centre for all three brands, which will focus on savings and investments. From the end of this month Nationwide will also stop offering regional branded products so that all Nationwide mortgages will be in the parent company name, a move that Nationwide sources are suggesting is down to decreased demand.
Administrative offices in Macclesfield, Cheshire and Duffield, Derbyshire will close over the next two years along with 17 branches in the Cheshire and Derbyshire networks, because of low customer use and the proximity of other Nationwide branches.
The Cheshire Estate Agency will also close as it is not core to the Nationwide model. The overall impact of the group changes is a loss of 325 jobs.
