Financial institution fights low unemployment with high wages

A Tampa credit union goes above and beyond with its starting pay rate.

  • By Business Observer Staff
  • | 6:00 a.m. March 22, 2019
Mark Wemple. GTE Financial, a Tampa-based credit union, has set a starting pay rate of $16 — nearly double the state minimum wage.
Mark Wemple. GTE Financial, a Tampa-based credit union, has set a starting pay rate of $16 — nearly double the state minimum wage.
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GTE Financial, a Tampa-based credit union with $2.09 billion in total assets, has responded to record-low unemployment levels by raising its minimum wage to $16 per hour — nearly double the state minimum wage of $8.46 per hour.

 

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