A major building society in the Black Country has today revealed it is moving its headquarters – and creating 10 jobs.
The Dudley Building Society will open its new HQ from a two-storey office at The Waterfront, near the Merry Hill Shopping Centre on Monday.
The move will see up to 55 staff switch to the business park, including 10 new recruits, while the society’s shop in Stone Street will remain open to customers.
The offices were previously occupied by aerospace engineering group Hampson Industries, before the firm collapsed at the end of last year.
Announcing the move for the 155-year-old society, chief executive Jeremy Wood said: “Dudley Building Society has been a fixture of the local landscape for over 150 years and we continue to draw our sense of purpose and belonging from our Black Country roots.
“Our new head office gives us the room to build on those strong local bonds and as our forward-looking plans begin to mature, we shall be looking to the local community for new personnel to add to the 10 head office roles we have created this year.
“We now have a wonderful base from which to develop all aspects of our business, which in turn will benefit our members, as well as provide additional work opportunities in and around the Dudley area.”
The move will take place over the weekend and will provide office space of almost 6,000 sq ft spread over two floors. The main branch office of the society, which has 33,000 members and assets of £319 million, remains in the centre of Dudley.
The Waterfront complex has struggled in recent years with major firms such as Egg leaving the area. West Bromwich Building Society raised hopes for a revival when they announced plans to move into the park’s Point North offices but then made a U-turn.
Dudley Council is drawing up plans for an enterprise zone for the park, which would see businesses offered a reduction in rates, in a bid to increase business interest.
Today, Dudley Council leader Councillor David Sparks said: “This is good news for the Waterfront and for the borough, espcially as they are keeping a foot in Dudley town centre.”