0% Loans Offered To Tide Over StateEmployees

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SACRAMENTO, Calif. - (07/20/04) -- The state's credit unions havemobilized to offer special short-term loans to help hold-over stateemployees while the annual budget impasse prevents them fromgetting paid. The Golden One 1 CU, which serves the largest numberof state employees, is offer special 0% loans to members withdirect deposit and will continue to offer the loan special until abudget is passed. SAFE CU has a permanent program in place whichprovides 61-day no-interest loans for members with direct deposit.And Arrowhead CU is offering paycheck advances and one-month loanforgiveness for affected members.

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