Minimum wage

The Indiana-based institution has increased its starting pay for the last three years.

The institutions are boosting pay at a time when the national unemployment rate has fallen to its lowest level in decades.

Raises for the rank and file have fueled investor complaints that banks aren’t keeping a lid on expenses. Executives say the pay increases have lowered turnover and improved customer service.

With higher entry-level pay becoming more common, credit unions must determine whether to follow the lead of the select employer groups they serve.

Readers react to efforts to improve bank branches, weigh the Consumer Financial Protection Bureau's decision to pull back on enforcing the Military Lending Act, consider efforts to build finetch sandboxes and more.

Readers react to an argument about reining in banker pay, weigh the push for raising the minimum wage, respond to Wells Fargo getting back into the private-label securities market and more.

Currently, the vast majority of bank tellers are female and most don’t earn a living wage.

The North Carolina-based credit union will increase its starting pay to more than double the federal minimum wage.

The North Carolina-based credit union is the latest to increase starting wages as part of the nationwide push to ensure all workers are paid a living wage.

The Florida-based credit union is one of several that have begun raising employees' entry-level pay as part of the nationwide push toward a living wage.