Treasurer Stacy Garrity Celebrates Olympic Games with Emphasis on Unclaimed Property
Gold, Silver and Bronze ‘winners’ announced in search for unclaimed property
Harrisburg, PA - Treasurer Stacy Garrity today announced the “medal winners” in the search for unclaimed property at the Pennsylvania Treasury.
More than 48,000 individuals, companies and organizations with “gold,” “silver” or “bronze” in their name are owed nearly $9 million in unclaimed property currently in Treasury’s care.
“While we can’t all run the fastest or jump the highest, here at Treasury we can say with confidence that your chances of finding unclaimed property are much better than bringing home Olympic gold. I’m so proud of the many exceptional athletes from Pennsylvania who represented the United States in Tokyo this year. And now that the Olympics are coming to a close, I hope every Pennsylvanian will search our unclaimed property database.”
Pennsylvania State Treasurer, Stacy Garrity
Treasury currently has more than $4 billion in unclaimed property waiting to be claimed by an estimated one in ten Pennsylvanians, with an average claim worth around $2,000.
Treasury’s unclaimed property website recently completed its first major system upgrade in more than 15 years — making it easier than ever before for Pennsylvanians to claim what is rightfully theirs.
Returning property to constituents is a top priority of Treasurer Garrity, but there are many steps people can take every day to make sure their property never finds its way to Treasury.
“Pennsylvania law requires property to be turned over to Treasury after specific terms of inactivity. This isn’t our money – it belongs to hard-working Pennsylvanians. While Treasury works to return it to the rightful owners, I encourage everyone to take the necessary steps to keep their property from coming to Treasury in the first place.”
Pennsylvania State Treasurer, Stacy Garrity
To make sure your property doesn’t become unclaimed property:
- Keep financial institutions informed of any address changes.
- Communicate with financial institutions at least once every three years.
- Keep up-to-date records of financial information including bank accounts, stocks, life insurance policies, safe deposit boxes, etc.
- Let a family member or trusted advisor know where you keep financial records.
- Deposit or cash all checks as you receive them.
Anyone can search Treasury’s unclaimed property database and start their claim anytime by visiting https://www.patreasury.gov/unclaimed-property/. For questions regarding a claim, contact Treasury’s Bureau of Unclaimed Property at tupmail@patreasury.gov.
