Washington Unclaimed Funds

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Washington State is holding hundreds of millions of dollars in unclaimed funds!

Unclaimed funds refers to money being held by an organization that has not had contact with the owner for an extended period of time. Funds are usually considered unclaimed after three years, when it is turned over to the state of Washington.

Banks, retailers, credit unions, utilities, corporations, insurance companies, and governmental entities are some of the many sources of unclaimed property.

Washington’s Department of Revenue administers the States unclaimed property program as a free public service.  Since 1955, more than $1 billion in unclaimed property has been turned over to the Department of Revenue. In fiscal year 2020, the department’s Unclaimed Property Section received property worth more than $185 million. The department returned $74 million of the unclaimed property received to its rightful owners.

Funds that can go unclaimed includes:

  • Bank accounts
  • Insurance proceeds
  • Stocks, bonds, and mutual funds
  • Safe deposit box contents
  • Utility and phone company deposits
  • Uncashed checks such as payroll, insurance payments, or travelers checks
  • Customer/patient credits

Unclaimed funds do not include real estate, vehicles, and most other physical property.


Funds can go unclaimed for a variety of reasons including:

  • Leaving a job and not claiming a final check
  • Not knowing about an insurance check
  • Forgetting about a security
  • Moving out of a house or apartment without getting back your utility deposit

The list of reasons goes on and on.

Fiscal year 2021 Washington State Unclaimed Property Annual Report

Click here to search for Washington unclaimed funds

Contact Washington States Unclaimed Funds Department

E-mail

You can email the Washington unclaimed funds department here

Phone

Call the Unclaimed Property Section at:
1-800-435-2429 or
(360) 534-1502
Monday through Friday,
8 a.m. to 5 p.m. (Pacific Time)

Mail

Questions regarding claims:
Department of Revenue
Unclaimed Property Section
PO Box 47477
Olympia, WA 98504-7477

 

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Illinois Unclaimed Funds

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Illinois is currently holding over $2.1 billion in unclaimed funds!

Unclaimed funds consists of money and/or property being held by businesses and other financial institutions that have gone dormant for a specified period of time and are then turned over to the State.

Unclaimed funds may include:

  • checking and savings accounts
  • uncashed wage and payroll checks
  • uncashed stock dividends and stock certificates,
  • insurance payments
  • utility deposits
  • customer deposits
  • accounts payable
  • credit balances
  • refund checks
  •  money orders
  • traveler’s checks
  • mineral proceeds
  • court deposits
  • uncashed death benefit checks
  • life insurance proceeds


Funds can go unclaimed for a variety of reasons including:

  • Forgetting about a bank account
  • Not collecting a final paycheck from a job
  • Forgetting about a utility deposit on an apartment, house or business
  • Not knowing about an insurance payment
  • Not knowing about an inheritance

The list of reasons goes on and on.

Most of these funds are from accounts belonging to people that have been inactive for at least five years, sometimes three years.

Once the funds are in the custody of the State, it will hold onto them in perpetuity until the owners of the funds, or their heirs, come forward to collect them.

It’s easy for Illinois residents to discover if they have assets waiting for them. Residents have nothing to lose, and everything to gain, by searching the I-Cash website. Discovery is a simple, three-step process:

1. Enter your name in the online search field
2. If it’s a match, fill out and submit the online claim form
3. Receive your property or cash and enjoy what you’ve discovered

Within weeks, residents are reconnected with their cash or assets, allowing them to enter the next exciting phase of discovery – discovering how to use their findings.

Click here to search for Illinois unclaimed funds

You can contact the Illinois unclaimed funds division at 800 961-8303.

Did you know you can make money finding unclaimed money for other people?

There is a little known business that lets you do that. Unclaimed money finders locate people that don’t know they money being held for them and help them to recover it.

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Maryland Unclaimed Funds

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The Maryland Comptrollers office is currently holding $980 million in over one million  accounts.

This money comes from businesses, financial institutions, utilities, and anyone that would holding money for someone that they cannot locate.  Once these businesses cannot locate someone for a period of three years, they turn the money over to the state.

The Comptroller’s Office tries to locate the rightful owners of stocks, bonds, savings accounts, security deposits, contents of safe deposit boxes, insurance proceeds and other valuables which are reported to them.

The owners or their legitimate heirs can claim the funds at any time. There is no statute of limitations. You can find out if the Comptroller’s office is holding property for you by checking their website anytime.

Click here to search for your Maryland unclaimed money.

If you are claiming property in the possession of the state, you must complete and sign the COT ST912 claim form (PDF) and forward it along with the supporting documentation to the following address, also located on the front of your claim form.

Unclaimed Property
301 West Preston Street, Room 310
Baltimore, MD 21201

Did you know you can make money finding unclaimed money for other people?

There is a little known business that lets you do that. Unclaimed money finders locate people that don’t know they money being held for them and help them to recover it.

In return, they charge a commission after the money is recovered.

Please click here if you would like to learn more about this business.