City of Thomas gets $ 63,000 in unclaimed property check, check if you have the money
THOMAS, W.Va. – West Virginia State Treasurer Riley Moore on Tuesday presented the town of Thomas with an unclaimed property check for $ 63,064.49, returning unclaimed funds to the town .
“It’s always great to return these funds to our small municipalities,” said Moore. “It’s citizens’ money, and in communities like Thomas, $ 63,000 can go a long way to fund the city’s needs. “
The funds came from several expired checks that had not been cashed, according to Moore’s office. Local government department employees from the state treasurer’s office worked with city officials to return the funds to the city.
“This money means so much to the town of Thomas,” said Mayor Kim Johnson. “We are delighted to use it wisely and would like to thank everyone involved in achieving this goal. “
Moore said the award should remind citizens and state city officials to use the online unclaimed property search function to see if you or your organization have any unclaimed funds.
“It’s your money, and we want to give it back to you,” Moore said. “I encourage everyone to visit our website to see if we have any funds or assets available in your name.”
Unclaimed property may include financial accounts or valuables in which the owner has not initiated any activity for a year or more. Common examples include unpaid life insurance benefits, forgotten bank accounts, and unused refund cards.
West Virginia’s unclaimed property laws protect the public by ensuring that money and property owed to them is returned to them, rather than staying permanently with financial institutions, trade associations, governments and d ‘other entities.
Nationally, nearly 33 million people in the United States – one in 10 – are believed to have unclaimed property at their disposal.
West Virginia people looking for lost financial assets can visit www.wvtreasury.com, then click the large “Search” button on the unclaimed property to the right of the page under the heading “Are we withholding your money?” In addition to finding a property, the website will also help you track a claim.
A demonstration of the use of the Unclaimed Property Search site is available on the site The Treasury YouTube page.