GTE Federal Credit Union has held a grand opening of its new Tampa Heights headquarters. The new headquarters is a 12.5-acre campus designed to serve as a hub for the credit union's operations. The building complex is part of the ongoing revitalization and redevelopment project of Tampa Heights, one of Tampa's oldest neighborhoods. Phase One's completion united more than 350 GTE FCU employees that have been divided between two Tampa locations. The new campus includes a four-story, 125,085 square foot central headquarters and a 20,000 square foot information technology center. The campus will centralize the company's operations and serve the credit union and its 200,000-plus members.
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Federal Reserve Chair Jerome Powell told reporters Wednesday that he would remain on the Fed board after his term as chair expires next month, resolving the last and most significant open question about his departure and the onset of Kevin Warsh's leadership at the central bank.
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