Stroud & Swindon Building Society jobs may be under threat after merger with Coventry Building Society

Jobs could be under threat at Stroud & Swindon Building Society following its merger with Coventry Building Society, the BBC has reported.

The BBC added that a number of the 215 positions at Stroud & Swindon’s head office in Stroud, Gloucestershire, could be at risk.

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The combined group, with assets of around £21.1bn, will have 91 branches across the UK.

Stroud & Swindon Building Society announced losses of £5.8m for 2009.