New York State has over $14.5 Billion in Unclaimed Funds; Check to Claim Lost Money
March 9, 2017
You may have unclaimed funds waiting for you!
The New York State Comptroller’s Office just announced that it has over $14.5 billion in unclaimed funds -- and they are urging New Yorkers to see if any of it belongs to them. Last year, New York State set a national record for the most unclaimed funds returned in one year, totaling $452 million.
Under State law, banks, insurance companies, utilities and many other businesses with funds that have been dormant or forgotten must turn those funds over to the State Comptroller’s Office, which acts as a custodian until the funds are returned to their rightful owner.
Some examples of unclaimed funds include:
• Lost Checks
• Rental Security Deposits
• Inactive Bank Accounts – Savings, Checking and CDs
• Insurance Benefits/Policies
• Utility Deposits
• Court Funds
To search New York State’s Unclaimed Funds, go to https://ouf.osc.state.ny.us/ouf/.
You can also contact the State Comptroller’s Office at 1-800-221-9311.
There is no fee to reclaim funds.
