Urges all residents, businesses and organizations to search patreasury.gov
Harrisburg – December 5, 2013 – (RealEstateRama) — More than $14,000 in unclaimed funds is on its way back to several United Way members across Pennsylvania, State Treasurer Rob McCord announced today as he presented a mock check representing the amount to leaders of the United Way of Pennsylvania today.
“The United Way of Pennsylvania and its members work to improve lives and strengthen communities throughout our state, and I am so pleased that these funds will contribute to that important mission,” Treasurer McCord said. “I encourage nonprofit organizations and community groups – and the people who support them – to search www.patreasury.gov to find out if any of the $2.2 billion in unclaimed property Treasury currently holds belongs to them.”
“These unclaimed funds are very much needed in the budgets of human services organizations, such as the United Way, across the Commonwealth,” said United Way of Pennsylvania President, Tony Ross.
The $14,330 Treasurer McCord presented to United Way officials today was from a combination of accounts payable checks, credit balances, dividends and refunds/rebates.
Treasurer McCord and his Return Team currently seek the owners of $2.2 billion in unclaimed property throughout the state, and there are two easy ways for Pennsylvanians to find out if any belongs to them: they can visit www.patreasury.gov and type in their name in the search box, or call 1-800-222-2046, Monday through Friday, 7:30 a.m. to 4:30 p.m. A member of Treasury’s Return Team will assist with the search and the claim process, both of which are free.
People and organizations usually do not know they are owed property, Treasurer McCord said, because “holders,” or entities that hold property owed to others, are not required under state law to contact the owner before remitting it to Treasury. As a result, Treasury each year receives millions of dollars in unclaimed property in the form of abandoned bank accounts, forgotten stocks, uncashed checks, and contents of safe deposit boxes.
Since January 2009, the McCord Treasury has collected more than $1.1 billion in property, returned nearly $500 million to rightful owners, and generated about $611 million for the state’s General Fund through the Unclaimed Property Program.
To learn more about Pennsylvania’s Unclaimed Property Program or to search for money and property, visit www.patreasury.gov or call 1-800-222-2046.
Media contact: Elizabeth Foose, 717-787-2991 or