2011 State Fair attendees find nearly $90,000 in Unclaimed Property

2011 State Fair attendees find nearly $90,000 in Unclaimed Property

State Treasurer Zweifel says claims up 53 percent over 2010 State Fair

SEDALIA, MO – August 23, 2011 – (RealEstateRama) — The 2011 Missouri State Fair ended Sunday, and State Treasurer Clint Zweifel (ZWY-ful) said 426 people went home knowing they will be receiving extra cash. During the course of the fair, $87,157 worth of Unclaimed Property was found, a 53 percent increase over the 2010 State Fair. The single largest claim was $5,355.

“Claim totals were up 53 percent largely because more Missourians than ever before are aware of what Unclaimed Property is and are claiming what is theirs,” Treasurer Zweifel said. “The State Fair is a great way to build awareness. Returning almost $90,000 is a good number, and keeps us on pace to break records. Plus, folks have some extra cash for back-to-school time.”

Anyone can search for Unclaimed Property anytime at www.ShowMeMoney.com. Missourians can also sign-up to receive email notifications when new Unclaimed Property matching their information is added. Since January 2009, Treasurer Zweifel has returned $85 million to more than 260,000 account owners. For more information, go to www.ShowMeMoney.com or call (573) 751-0123.

About Treasurer Zweifel’s Unclaimed Property
State law requires financial institutions, insurance companies, public agencies and other business entities to turn over assets to Treasurer Zweifel that belong to a customer, client, employee or other owner if there have been no documented transactions or contact with the owner for five or more years. Most Unclaimed Property consists of cash from bank accounts, stocks, bonds and contents of safe deposit boxes that have been abandoned. It also can include uncollected insurance policy proceeds, government refunds, utility deposits and wages from past jobs. Treasurer Zweifel does not handle real property such as land, houses, cars and boats. There is $600 million in Unclaimed Property maintained by Treasurer Zweifel. Treasurer Zweifel never charges for the return of Unclaimed Property.

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Clint Zweifel was sworn in as Missouri's 45th State Treasurer on Jan. 12, 2009. At 35, Clint became Missouri's youngest State Treasurer in more than a century. He was elected to the position Nov. 4, 2008.

As Missouri State Treasurer, Clint is the State's Chief Financial Officer. His office manages Missouri's $20 billion in annual State revenues, directs the State's banking services and manages Missouri's $3.5 billion investment portfolio. The State Treasurer's Office is responsible for safeguarding $450 million in unclaimed assets turned over to the State by banks, businesses, insurance companies and government agencies, and tries to find the rightful owners. Clint also serves on the management boards of several public entities.

Contact:

State Treasurer Clint Zweifel
P.O. Box 210
Jefferson City, MO 65102

Phone: (573) 751-8533
Fax: (573) 751-0343

Jon Galloway
(573) 751-7595 - Office
(573) 418-2923 - Cell

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