Piles of hard cold cash lays dormant within Pennsylvania Treasury Bureau of Unclaimed Property. Around $1 billion or more is stored within the government’s coffers for safekeeping.

The Pennsylvania Treasury Bureau of Unclaimed Property said that “Each year, the Treasury receives millions from forgotten stocks, safe deposit boxes, certificates of deposit, uncashed checks, expired gift checks, safety deposit boxes, money orders, traveler’s checks, uncollected salaries, and abandoned bank accounts.”

State Treasurer Robert Casey said in a statement, “By law, all businesses, financial institutions and legal entities must report and return all unclaimed property to the Commonwealth.” Pennsylvania’s state laws dictate that any unclaimed property must be returned to its rightful owner through exerted means by the government. Lost financial assets should be returned within a specified period of time, usually three years, upon a rightful claim. Until then, the Pennsylvania Treasury Bureau of Unclaimed Property holds it in trust for the time being.

Owners of these unclaimed properties are either residents or former residents of Pennsylvania who have forgotten about these financial instruments that is legally theirs. Sometimes people tend to forget to leave a forwarding address when they change their jobs. This results to undelivered checks and money orders. Unpaid payroll checks, under Pennsylvania’s state law on unclaimed property must be turned over to the State Treasurer’s Office every two years and five years as the case may be.

Pennsylvania Treasury Bureau of Unclaimed Property tries to notify owners of these unclaimed properties. Notifications are done either by mail or publication in a newspaper of general circulation. The state also tries to reach the rightful owners by means of sate run databases, and internet. For those who might think that they have a legal claim, they can search the internet for information regarding unclaimed property or pay a personal visit to Pennsylvania Treasury Bureau of Unclaimed Property.

Make sure that you have all the requirements before making a claim. Take note that the Pennsylvania Treasury Bureau of Unclaimed Property sends its officials in a state wide event to spread the good news and even works with the members of the General assembly to resolve the problem. There is a lot of cash out there, and all you have to do is get your hands on some. Be vigilant, and exercise your rightful right to property.

12 Comments

  1. Janice Malloy says:

    When I last contacted your organization, I was told that my Social Security number did not match that of the person for whom the money was intended. I was rather surprised than that I received a check for $410.28. The claim number is 100853481. Please respond.

  2. Cathy Simunic says:

    I sent for my unclaimed money a few months back still havent gotten it back.

  3. David showers says:

    I have unclaimed property.

  4. Janet Snyder says:

    I have unclaimed money from bank that was escheated

  5. Kathleen Janice O’Sullivan says:

    I had money left in Hawley PA at a bank when I was living in South Canaan PA. That was 40 or so years ago. Is it in the treasury?

  6. Vanessa grier says:

    Where do I check for unclaimed property no information here on how this done

  7. Hello, I was POA for my in-laws William & Rebecca Lecher of 203 Peacock Street , Pottsville, PA 17901.
    Their names have been listed as of having some unclaimed-property. Can you please help me?

    Thank you !
    Jacqueline A. Lecher

  8. Eleanor m conner says:

    Trying to collect unclaimed life ins policy

  9. mary c shively says:

    looking for brother john p cather

  10. C. P. Maghee says:

    Greetings. I am still waiting on my claim of 2 months ago. I received a email that my request was received , but have not received it yet. I would like to here from unclaimed bureau.

  11. Karen D'Argenio Stoisits says:

    I was told savings bonds were bought in my name when I was a child by my uncle who is now deceased. I there anyway I can find out if they are still active?

  12. Noreta Otto says:

    I have been waiting for my son
    Ronald A Walker unclaimed I have sent the paper work you ask for back in May. you signed received it May 24, 2021. Can you help?

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