The Territorial Bank of American Samoa is reaching out to the public to please help with their coin shortage.
CEO Dave Buehler says the Federal Feserve is not able to send a shipment of coins as early as they would like and is therefore urging the public to please help.
The bank is offering ten cents for each dollar of coins brought to the Centennial Branch.
The minimum amount is $20 and the coins must be properly rolled with standard wrappers obtained from some retail stores; the bank will not provide wrappers.
If you take in $50 worth of rolled coins, TBAS will give you an extra $5.
TBAS says the shortage of coins is due to restrictions placed by the Federal Reserve, once a week cargo flights which have bumped shipments due to overloading and the increased demand for cash due to the distribution of three stimulus fundings totaling $3,200 per qualified recipient.
