RIVERSIDE, Calif. — While state legislators continue to squabble about the California budget, Altura Credit Union stands ready to help state workers.
The credit union has set up a series of loan and other programs to assist state, county or school employees who may be experiencing financial hardship during the budget impasse.
During the state budget battle, 10,000 state employees have been laid off and Gov. Schwarzenegger announced plans to cut the pay of another 200,000 employees to the federal minimum wage of $6.55 per hour. Thus far, California Controller John Chiang has refused to implement the pay cut and is being challenged by the governor in the courts.
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