GTE Financial Announces Acquisition Of Local Insurance Group Serving Hispanic Community

GTE Financial, one of Tampa Bay’s leading financial institutions, has acquired Blue Star Insurance Group Inc., a local and regional agency focusing on auto, home, business, life, and health insurance. The acquisition helps the credit union expand its insurance offerings into Tampa’s Hispanic market. “The acquisition of Blue Star Insurance Group aligns with our ongoing mission to positively support our Hispanic community,” comments Jeffrey Williams, VP of CUSOs, Wealth, and Private Bank at GTE Financial. “With 18.5% of our total membership being Hispanic and 36% of our total employees, we have the right talent and resources to assist with Blue Star’s customer base.” The acquisition of Blue Star positions GTE to help other credit unions offer services to their members. The credit union hopes this will develop the credit union community by providing opportunities for other organizations to deepen their service offering for members. If you are interested in learning more about GTE Financial and Blue Star Insurance Group, please visit mybluestarinsurance.com/.