Dear Anthony Perkiss, CEO, Community First Bank
CFB workers are calling on you to address a serious problem at Community First Bank.
CFB workers are being paid less than their ICU colleagues for doing the same job. The minimum salary rate for a Contact Centre Banking Specialist at CFB is 13% lower than at ICU. For a Store Banking Specialist, the minimum rate at CFB is 16% lower than at ICU.
Same job, same skills, same day-to-day work – but different pay.
A merger isn’t just a name change – it means every worker being treated, and paid, as part of the same organisation.
This needs to be fixed before any Enterprise Agreement is reached – not folded into a broader offer or left for later. It also needs to be backdated to September 2025, when the merger occurred.
We’re calling on you to:
- Address the pay disparity between former Community First Credit Union and former Illawarra Credit Union workers.
- Provide workers with a fair pay increase of 5% a year, or CPI, whichever is greater.
Every day, we deliver the service that makes CFB “banking’s best kept secret” – and it’s time that was reflected in how we are paid and looked after.
If you want one bank, pay it like one bank.