The Golden 1 Credit Union is once again offering zero-interest State Budget Payroll Loans to workers experiencing pay cuts as a result of the California legislature's budget impasse.
Pay for approximately 1,100 legislative aides and gubernatorial appointees was cut July 1; those workers may already qualify for the Sacramento-based The Golden 1′s assistance. As many as 200,000 state employees could be affected if the impasse continues, according to a release from the state's personnel department.
To qualify, members of the $7.3 billion The Golden 1 members must have an established checking account with direct deposit of their state payroll checks prior to the impasse.
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