Notre Dame Federal Credit Union does it again – Raises minimum wage to $14 per hour
NOTRE DAME, IN (November 3, 2017) — Notre Dame Federal Credit Union (Notre Dame FCU) has announced that for the second year in a row, that it will increase the minimum wage it pays its partners (employees).
Effective February 2018, no partner (employee) working at the credit union will earn less than $14/hr. The change comes a year after the credit union announced its first minimum wage increase to $13.50/hr and eliminated its two-tier system for Paid Time Off (PTO) for exempt and non-exempt partners.
“Our staff consistently delivers incredible service to our members,” said President and CEO Thomas J. Gryp. “That performance increases member loyalty, which in turn enables us to share our credit union’s success with the people who make that loyalty possible.”
Gryp concluded, “As a credit union, we do not exist to maximize profits. We are here to better the financial lives of our members. Continuing to ensure all our partners earn a meaningful wage is just an extension of that same mission.”
About Notre Dame Federal Credit Union
Notre Dame Federal Credit Union (Notre Dame FCU) is a not-for-profit financial cooperative. With assets exceeding $1 billion and more than 60,000 members worldwide, Notre Dame FCU's dedicated partners (employees), coupled with a wide array of financial services, provide members a personalized experience through the credit union's eleven convenient branch locations, its virtual branch (Shamrock Center), and through its robust online banking platform and mobile apps. Founded in 1941, Notre Dame FCU has grown from its origins in the Administration Building at the University of Notre Dame, and today serves over 900 affiliated groups. Notre Dame FCU is independent of the University. Visit us at www.NotreDameFCU.com. Insured by NCUA.