Pennsylvania residents could be owed money in unclaimed property, treasurer says

PITTSBURGH (KDKA) — We may all use some additional money across the holidays.

There’s greater than $4 billion ready to be claimed throughout Pennsylvania, and a few of it would already be yours. In southwestern Pennsylvania, there’s about $545 million in unclaimed property on the Pennsylvania Treasury. 

“That implies that one out of 10 Pennsylvanians have unclaimed property,” Treasurer Stacy Garrity stated. “And the typical declare is round $1,500.”

In line with Garrity, a lot of the cash comes from financial institution accounts which were dormant for 3 or extra years, cash that monetary establishments are obligated to show over.

“They may very well be previous financial institution accounts. They may very well be uncashed checks, when you had a rebate test,” Garrity stated.

They may be issues like overpayments and utility safety deposits.

Together with your driver’s license useful, the method takes two minutes by following 4 steps on the treasury’s web site. In case your declare is lower than $5,000 and your handle matches what the treasury has on file, you may qualify for fast-track.

With that and direct deposit, you can have your cash in seven to 10 enterprise days.

“If it is a extra difficult declare, that might take a number of months. But when it is a difficult declare, they may all the time name our workplace. We now have employees which are excellent at serving to individuals get their declare processed,” Garrity stated.

Should you dwell out of state however your cash is tied up in Pennsylvania, you’re nonetheless eligible. If you wish to declare the cash for a liked one who handed away, name the treasurer’s workplace for steering.