HARRISBURG, PA — Pennsylvania counties received more than $50,000 in previously unclaimed funds as State Treasurer Stacy Garrity returned the money to local governments during kickoff events for the Commonwealth’s America250PA initiative.
What This Means for You
- Counties across Pennsylvania recovered more than $50,000 in unclaimed funds.
- Unclaimed property can include forgotten bank accounts, uncashed checks, or abandoned stocks.
- Residents can search for money owed to them at patreasury.gov/unclaimed-property.
Treasury officials said the funds had been held through the state’s unclaimed property program, which safeguards financial assets that have been lost, forgotten, or left inactive for extended periods.
“Returning this money back to the communities where it belongs means more resources that were meant to serve residents of these counties can be put to work,” Garrity said. “Unclaimed property can belong to individuals, businesses, nonprofits and local governments – and when we reunite Pennsylvanians with their unclaimed property, we strengthen communities across the state.”
Counties Receiving Funds
Fourteen counties received returned funds during the events.
Amounts included:
- Blair County — $5,993.63
- Bedford County — $1,544.23
- Bradford County — $1,255.35
- Cambria County — $1,882.92
- Fayette County — $6,644.50
- Franklin County — $2,685.00
- Fulton County — $16,243.14
- Greene County — $1,496.40
- Pike County — $6,095.64
- Somerset County — $2,221.09
- Tioga County — $1,743.30
- Wayne County — $2,292.78
- Westmoreland County — $2,099.62
- Wyoming County — $1,623.99
What Is Unclaimed Property?
Unclaimed property refers to financial assets that have gone unused or unclaimed by their owners for a period of time. These assets can include dormant bank accounts, uncashed checks, abandoned stocks, and other financial holdings.
In some cases, the property may also include items from safe deposit boxes. If tangible items such as jewelry or documents remain unclaimed for three years, they may be auctioned, but the proceeds remain available for the rightful owner to claim at any time.
According to the Pennsylvania Treasury, more than $5 billion in unclaimed property is currently being held for residents and organizations across the state.
Officials estimate that more than one in ten Pennsylvanians is owed unclaimed property, with the average claim valued at more than $1,000.
America250PA Events
The funds were returned during events tied to America250PA, a statewide initiative marking the upcoming 250th anniversary of the signing of the Declaration of Independence.
“Joining America250PA to help build up the anticipation of our nation’s 250th birthday has been a meaningful way to celebrate our great state’s role in our nation’s history and bring our communities together,” Garrity said. “Every corner of the Commonwealth has a rich history that helped build our nation, and while we’re reflecting on where we’ve been, more importantly we can look ahead to the incredible future we’re building for the next generation.”
Residents can search for unclaimed property or file a claim through the Pennsylvania Treasury website at https://patreasury.gov/unclaimed-property.
For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN.