Vol. 35 No.5
       ©2007 Marianas Variety
Thursday, March 22, 2007 www.mvariety.com
Serving the CNMI for 35 years
 

© 2007 Marianas Variety
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PSB payout begins today

By Bernadette H. Carreon
Horizon news staff

The much-anticipated payouts for the Pacific Savings Bank depositors will start today.
Checks will be distributed at the PSB parking lot between the NECO Plaza Building and Bank of Hawaii and signs will be posted to direct depositors to the correct location and table where the checks will be available for pick up.
Depositors whose first names starts with "A to AMOR" can get their checks today in the morning while names starts with "Amos to Audr" can pick up their checks in the afternoon.
Depositors picking up their checks are required to bring a form of picture identification when picking up the check.
PSB said only depositors who did not request a direct deposit or check mailing need to claim their checks.
Valid identifications driver’s license, pass port, work permit and state identification card.
For corporate or organization accounts the signor is authorized to pick up the check for that organization.
The PSB said depositors who would miss the scheduled date can pick up the check after the payout from April 4, 2007 or they provide authorization to someone else to pick up the check.
The payouts was made possible through a grant from Taiwan in the amount of $2.4 million.
Taiwan approved the grant funds to be lent to the PSB receiver as a one-year "no interest" loan.