Published: 2 years 115 days ago
Sacramento Bee: Mayor Kevin Johnson announced an initiative Tuesday to help at least 6,000 city residents open bank accounts. By opening checking or savings accounts, the mayor said, residents can save hundreds of dollars they might be spending by cashing checks at payday loan centers.
"At the end of the day, people will be able to keep more of their paycheck at a time when money and resources are scarce," the mayor said.
http://www.sacbee.com/city/story/2492355.html
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