Overtime is based on the number of hours worked in a seven-day work week, not on the pay period. Some pay periods can be more than 80 hours long because of the number of work days in the pay period.
Citibank is the consumer division of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, later First National City Bank of New York. The United States is the largest single market with approximately 26% of branches, generating 51% of revenues.
In 1928 Citibank began to offer personal consumer loans. The bank also expanded during the 1920s, acquiring the Commercial Exchange Bank and the Second National Bank in 1921, the People's Trust Company of Brooklyn in 1926, and merging with the Farmers' Loan and Trust Company in 1929.