With the signing of the tax reform bill into law all employees of Windsor Federal Savings with the exception of senior management will receive a one-time special bonus of $250. This bonus will coincide with their raising the hourly minimum wage of all full-time employees to $15 per hour.
George Hermann, President and CEO, says the bank has a positive outlook on the economy. “The relief that this tax bill provides to business should help to spur our economy, and is important to building meaningful, long-term growth in Connecticut. The awarding of these bonuses and our minimum wage increase is our way of sharing our optimism with our most important asset: our valued employees.”