New York State May Owe You Money!

John J. Bonacic

October 16, 2012

You may be entitled to some of the over $12 billion in unclaimed funds in New York State.

Unclaimed funds are funds such as un-cashed checks, old bank accounts, wages, utility deposits, and stocks and dividends that people have forgotten or left dormant. State law requires banks, utilities, and many other businesses and companies to turn over these inactive accounts to the State Comptroller’s Office, which holds the funds in trust until they can be reclaimed by their rightful owner. 

You can search and apply for unclaimed funds for free through the State Comptroller’s Office. However, many residents aren’t aware and are paying companies to search and retrieve these funds -- something they can do on their own at no cost.

A simple internet search is all it takes to see if you are eligible and there is no charge to search or file a claim to recover unclaimed funds. To see if you have any unclaimed funds, visit: https://ouf.osc.state.ny.us/ouf/ or click on the "Search Now" image below.

As always, if you have any questions or need any assistance please do not hesitate to contact my office at (845) 344-3311.