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On October 23, 1996, the Office of Personnel Management (OPM) issued a memorandum to the Directors of Personnel (CPM 96-12) concerning the effect of 27 pay days in calendar year 1996 on the payment of retention allowances and the aggregate limitation on pay.
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The FastFlex program will offer one-year loans of $10,000 to $35,000, with borrowers required to make weekly payments, according to a statement Tuesday by San Francisco-based Wells Fargo, which will begin offering the financing this month and has been running a pilot program since August.
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With the ascent of megabanks and the growth of online and mobile banking, the idea of a hometown bank where your community ties mattered more than a bunch of cold calculations became as rare as cars with tail fins.
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