Area banks to honor payroll deposits
for
State workers affected by budget debate
CBA president says state employees provide valuable service
during budget process
SACRAMENTO - July 15, 2002 - The California Bankers Association
(CBA) today announced that several of its member banks are providing
assistance to their customers who are also State of California
employees affected by the state's budget impasse.
Those Capitol-area banks that will honor the payroll
deposits of state employees, in alphabetical order are: Bank of
America, Bank of the West, Union Bank of California, Washington
Mutual and Wells Fargo.
"Many of our Capitol-area banks, who service
most of the affected state employees, believe it is important
to recognize the contribution of these employees by allowing advances
on their payroll during the budget impasse," said Gary Gertz,
president of CBA. "CBA supports their decision to do this
and anxiously awaits the resolution of the state's budget situation."
Information about CBA
Established more than 110 years ago, the California Bankers Association
(CBA) is one of the largest state banking trade associations in
the country. CBA leads the way in developing relevant educational
and legislative solutions to some of California's more pressing
financial and banking issues, including financial privacy, predatory
lending, usage fees, and financial elder abuse. CBA's membership
includes more than 300 of California's commercial, industrial
and community banks and savings associations.
For further information, visit www.calbankers.com
or contact Anissa Yates at 916/441-7377.
