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Minimum Wage Increase Ahead Caution Sign Blue Sky Background Source: Adobe Stock

Wisconsin’s third-largest credit union announced Wednesday that it has raised its minimum wage to $17 an hour, up $1, as credit unions across the country make similar moves in a tight labor market.

The University of Wisconsin Credit Union (UW Credit Union) of Madison ($4.7 billion in assets, 307,053 members) set a new minimum wage that is up 35% since 2015, when starting pay was about $13.30.

Jim DuPlessis

A journalist for decades.

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