Around 40,000 federal stimulus checks went out this week from Guam’s Department of Revenue & Taxation and residents wasted no time using the money.
A long line snaked around the Bank of Guam in Upper Tumon on Friday, May 15. People were in line even before the bank opened.
BOG says it even shifted around employees to have more focused on supporting the Economic Impact Payment deposits.
PNC News spoke to some people in line who said the money couldn’t have come at a better time.
“So, I just waited for the stimulus check, and then when I received it, I can now pay my bills,” one resident said.
Another said: “I got it also yesterday. I was so excited when I opened my mailbox and it’s about time we got our stimulus checks because we’re really suffering and we need the money to pay all our debts and bills.”
But one said the stimulus check won’t be enough: “It’s good to hear we have it already…but it’s not even enough. I wish it’s going to be more and more help for our people on Guam.”
Eligible Guam residents are getting $1200 for each adult and $500 for each dependent child.
DRT says it will continue printing checks in large batches until all the payments are made.