Lost but not gone

Lost but not gone

Inactive accounts benefit GovGuam but can be claimed

BY MEGHAN HICKEY

Journal Staff

The beginning of each calendar year brings a welcome influx to government of Guam budgets — an unfortunate decrease of funds for bank account holders across Guam.

  According to the communications team for GovGuam, $1.14 million has been transferred from inactive accounts across the island into the Treasury of Guam from 2013 to 2017 — an average of more than $200,000 per year that are drained from the pockets of Guam residents due to lack of attention.

  “We publish the list of accounts on which . . .

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