State Treasurer Riley Moore visited Huntington Thursday, November 16, to present two unclaimed property checks worth nearly $133,000 total to St. Mary's Medical Center and the Cabell County Board of Education.
“My Office has continued to be diligent in efficiently reuniting taxpayers with their lost funds at a record pace,” Treasurer Moore said. “I was proud to partner with representatives from St. Mary's Medical Center and the Cabell County Board of Education to return their unclaimed property, and I encourage all West Virginia organizations to check www.WVUnclaimedProperty.gov to see if they have missing funds to claim.”
Treasurer Moore presented St. Mary's Medical Center Chief Operating Officer Angie Swearingen with an unclaimed property check worth $109,218.02 at St. Mary’s Conference Center on Thursday. A significant portion of the funds were from uncashed checks from the West Virginia Department of Health and Human Resources.
“We are so appreciative of Treasurer Moore and his Office’s efforts to return unclaimed property to organizations like ours across the state,” Swearingen said. “We look forward to using these funds to further our commitment of nearly 100 years to the health and well-being of our community.”
Cabell County Schools Superintendent Dr. Ryan Saxe, Cabell County Board of Education Treasurer Drew Rottgen and Huntington High School Principal Joedy Cunningham received a check from Treasurer Moore totaling $23,767.26 for the Cabell County Board of Education. The funds were from various stale dated checks turned over to the State Treasurer’s Office.
"We are very appreciative of the West Virginia State Treasurer's Office for the disbursement from the unclaimed property program,” Dr. Saxe said. “This new funding will be utilized thoughtfully to benefit Cabell County public school students. We commend the diligent efforts of the State Treasurer's Office in the responsible management of unclaimed funds, reinforcing our commitment to providing valuable resources for the educational development of our students."
The Cabell County Board of Education plans to earmark $5,500 to benefit Huntington High School.
Recently, Treasurer Moore announced his Office’s Unclaimed Property Division has returned more than $2 million worth of unclaimed property to individuals, businesses and organizations during the month of October. Since the fiscal year began on July 1, the Office has paid out nearly $8.9 million in unclaimed property claims – already ahead of the pace at this point for last fiscal year, which set a state record of $26.8 million returned.
The State Treasurer’s Office now has more than $400 million in unclaimed property listings in its database. Visit www.WVUnclaimedProperty.gov to find out if the Office is holding any assets for you or your family.
What is Unclaimed Property?
Unclaimed property can include financial accounts or items of value in which the owner has not initiated any activity for one year or longer. Common examples include unpaid life insurance benefits, forgotten bank accounts and unused rebate cards. (While the title includes the word “property,” it does not however include real estate.)
West Virginia’s unclaimed property laws protect the public by ensuring money and property owed to them is returned, rather than remaining permanently with financial institutions, business associations, governments and other entities. The Treasurer seeks to reunite the unclaimed property, including uncashed paychecks, stocks, or safe deposit box contents, with its owner.
Nationwide, nearly 33 million people in the United States – one in every 10 – are estimated to have unclaimed property available for them to claim.
How Can I Find Unclaimed Property in My Name?
West Virginians searching for lost financial assets can go to www.WVUnclaimedProperty.gov. In addition to finding property, the website will also help you track a claim.
A demonstration of how to use the Unclaimed Property search site is available on the Treasury’s YouTube page, at: https://youtu.be/K09yQ7YNKlE.
To search for lost financial assets outside West Virginia, visit www.MissingMoney.com.