Vitali: Over $200,000 in unclaimed property returned to constituents
HAVERTOWN, Aug. 23 – State Rep. Greg Vitali, D-Delaware/Montgomery, said his office has helped more than 200 constituents claim a total of over $226,000 in unclaimed property in 2018.
Unclaimed property through the state Treasurer’s Office can include a closed bank account, uncashed checks, including paychecks; lost stocks and bonds; contents of safe deposit boxes; proceeds from the demutualization of insurance companies; expired gift cards/gift certificates; and more.
“My district office has been able to help our constituents recover this much money because my staff proactively searches for and notifies constituents of their unclaimed property,” Vitali said. “This is how a well-functioning government office is supposed to work.”
Treasury currently has more than $3.4 billion in unclaimed property.
Those who would like to do their own Treasury search can do so by visiting www.patreasury.gov/unclaimed-property. Those who would like assistance checking the database are encouraged to stop into Vitali’s office, where a free search only takes a short time.
“There are many for-profit companies who send out solicitations to Pennsylvanians, offering to assist them claim their funds for a fee, but we do all of this work for free,” Vitali said.