Treasurer Zweifel’s Office Sets New Record for Unclaimed Property Payouts
JEFFERSON CITY, MO – June 10, 2009 – (RealEstateRama) — Missouri State Treasurer Clint Zweifel’s office has set a new record with 71,406 unclaimed property accounts paid this fiscal year, a record that will continue to grow with three weeks left until the end of fiscal year 2009.
The previous record was 71,155 accounts paid, set in fiscal year 2004.
“This record is a reflection of our staff’s dedication to finding the owners of unclaimed property, and improving efficiencies within the office,” Treasurer Zweifel said. “Our efforts have helped put more than $25 million back into the hands of Missourians during a time of nearly unprecedented economic hardship.”
Treasurer Zweifel’s Unclaimed Property Division holds abandoned assets from bank accounts, stocks, bonds, insurance policy proceeds, government refunds, utility deposits, wages from past jobs and contents of safe deposit boxes. This property is turned over to the state by financial institutions, insurance companies, public agencies and other business entities if there has been no documented transaction or contact with the owner for five or more years.
“There is still more than $550 million waiting to be claimed,” Treasurer Zweifel said. “We will continue to track down the owners of these assets through our advertising and outreach initiatives, and we hope to set a new record next year.”
For more information on the Unclaimed Property Division, go to www.ShowMeMoney.com or call (573) 751-0123.
Photos – click the hyperlink to download
Photo 1 – State Treasurer Clint Zweifel examines property recently received by his office. His office has returned more than $25 million in unclaimed property this fiscal year.
Photo 2 – Treasurer Zweifel’s Unclaimed Property displays items received from dormant safe deposit boxes. Visit www.ShowMeMoney.com to find your property.
Photo 3 – Treasurer Zweifel’s office often receives valuable coins and bills, including these sequentially numbered one-dollar bills from the 1930’s.
Photo 4 – This Princess Diana doll is an example of one of the many items that Treasurer Zweifel’s office receives each year from dormant safe deposit boxes.
Photo 5 – Jeff Bolte in State Treasurer Clint Zweifel’s office opens and inventories newly received unclaimed property from dormant safe deposit boxes.
The office maintains more than $550 in unclaimed property.
Contact:
Jon Galloway
(573) 751-7595 – Office
(573) 418-2923 – Cell
