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Allegacy Federal Credit Union Increases Minimum Wage To $17 Hourly/$33K Annually

1/11/2023

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PictureCathy Pace
​In efforts to attract and engage talent, Allegacy Federal Credit Union announced that it is raising its minimum wage to $17.00 per hour.

“The job market is ever-evolving, and we believe drawing in new talent will contribute to our ongoing success,” said Cathy Pace, Allegacy President and CEO. “Our strong and competitive wages, comprehensive benefits, and career development opportunities make Allegacy a place to build a fulfilling career, not just a place to work.”

Allegacy currently pays entry level member service representatives with up to two years of experience, $15.55 per hour, with a starting pay of $30,322 annually. With the wage hike, the annual pay will increase by $2,828 per year to $33,150. 
​
“We want to ensure we do the right thing for our current and future employees,” said Pace. “This wage increase not only strengthens our position in the marketplace, it rewards our dedicated teammates for their outstanding accomplishments.”

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