Being an arsie consumer and a sad day for Willenhall

Two days ago I got a letter from my Building Society (Portman) informing me that following their evaluation period their branch in Willenhall has been earmarked for closure along with branches in Albrighton, Bewdley, Bloxwich, Cradley Heath, Oakengates, Perton, Tettenhall and Wombourne.

This miffed me rather a bit, for two particular reasons.

Firstly, when the merger took place or takeover depending on your view between what was my Building Society (Staffordshire) and Portman we were all assured about the commitment to providing services and this wasn’t as some people expressed the view, a takeover and asset stripping by a bunch of southern arseholes (apologies to any readers from the South of England but such views were expressed).

I’ll admit I voted for the merger on the basis of promises made and perhaps a belief in the higher moral principle of the mutual sector which had been based on previous good experience.

However as it would seem, yes, it has been a takeover by a bunch of southern arseholes who don’t give a stuff about their Staffordshire customers. Notably they have not seen fit to close any branches on their own previous turf, just ours.

Equally now, thanks to their readjustment a nice big office block on the Wolverhampton ring road (the previous headquarters of the Staffordshire) now stands empty so this begs the question about what we as customers actually got out of this deal? Apart from a couple hundred quid sweetener. Personally I’d have preferred not to have the money and keep my local branch open.

Secondly, this means that Willenhall, for the first time in its history (post Building Societies existing of course) will not have a single Building Society in the town. I remember myself a time when there were five but sadly it seems that these days have gone. I could understand if Willenhall was some backwater village with half a dozen houses and a few sheep, but with a population of over 30,000 it’s hardly that.

Building Societies have long been the place where people on lower incomes have been able to save as opposed to banks who aren’t interested in such customers. Sadly this means that these people on low incomes and particularly pensioners will be hit the hardest.

For myself I’ve always been with the Staffordshire as have my parents. They set up my first account with them when I was born to put some money away and so did I with my son. I’ve always saved with them and even though it wasn’t the cheapest option I took out my mortgage with them as I would rather do business with a local company that puts money back into the local community and economy.

So what to do now. Probably a few years ago I would have accepted the situation but as I near 30 I’m increasingly vindictive with my consumer habits. If companies piss me off I simply won’t use them again and take my business elsewhere.

So that’s it, come the end of April when Portman merge with/get taken over by Nationwide, this customer will be treating them with the contempt for which his years of loyalty have been treated and taking the merger money and buggering off to the West Bromwich Building Society. At least they do a lot more community stuff and actually have far better customer service anyway.

2 thoughts on “Being an arsie consumer and a sad day for Willenhall

  1. I do believe they did. Will be interesting to see which Portman branches get the axe now the Nationwide has taken over. What goes around comes around I guess. For me I’ve already left after the Nationwide effectively did my son out of

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