West Chester, PA - Pennsylvania Treasurer Stacy Garrity and Chester County Commissioners Marian Moskowitz, Josh Maxwell and Michelle Kichline announced today that more than $100,000 in unclaimed property has been returned to Chester County.
“I’m pleased to return this money so that Chester County can put it to good use for their hardworking residents. I also want to remind people that the Pennsylvania Treasury Department currently has more than $4 billion worth of unclaimed property – and we want to return it all to the rightful owners. I encourage everyone to check our website regularly to see if you, your family, your business or your organization has money waiting to be claimed.”
Pennsylvania State Treasurer, Stacy Garrity
“On behalf of the Board of Commissioners, having more than $100,000 in unclaimed property returned to Chester County is good news for our taxpayers, and we appreciate the efforts and assistance of Treasurer Garrity and her staff in returning it. The revenue will go into Chester County’s general fund, allocated to the departments that relate to each piece of unclaimed property, and it will all be put to good use.”
Chester County Commissioner, Marian Moskowitz
The $100,906.45 returned to Chester County included 269 individual properties ranging in value from $0.21 to $24,931.91. The oldest property dates back to 1980, while the most recent is from 2020. Properties returned include accounts payable checks, cashier’s checks, claims payment checks, certified checks, and other forms of unclaimed property.
Treasurer Garrity has returned more than $7.5 million to 50 local governments, including counties and municipalities, since taking office.
Treasury is working to return more than $4 billion in unclaimed property to its rightful owners. About one in ten Pennsylvanians is owed unclaimed property, and the average claim is worth nearly $1,600.
Unclaimed property can include dormant bank accounts, claims payments, accounts payable, uncashed checks, insurance policies, contents of forgotten safe deposit boxes and more. State law requires businesses to report unclaimed property to Treasury after three years of dormancy.
To learn more about unclaimed property or to search Treasury’s database, visit patreasury.gov/unclaimed-property.