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$38.2 million in Unclaimed Property returned

 JEFFERSON CITY – After announcing he had broken his own record for returning Unclaimed Property three weeks early, State Treasurer Clint Zweifel  today released the final numbers for fiscal year 2012. All told, more than 130,000 account owners received $38.2 million, which amounts to a six percent increase in property returned and an eight percent increase in accounts returned when compared to the records set in fiscal year 2011.

“After breaking the record back on June 6, my team used the final three weeks to return more than $1.7 million to 7,000 account owners – this is how we are working for Missourians every day,” Treasurer Zweifel said. “I never charge a cent to return your property, you can find your property online, register your information for email notifications of new property and more than 50 percent of individuals can even claim that property online. The average wait for payment is down to ten days right now too. Putting that in perspective, the average wait was 43 days before I took office in 2009.”

Treasurer Zweifel has now returned $121 million since 2009, which is 35 percent of all Unclaimed Property ever returned. Unclaimed Property was created in 1985, and became part of the State Treasurer’s office in 1993. The previous return records, set in fiscal year 2011, were $36 million in Unclaimed Property to 120,000 accounts.

Treasurer Zweifel currently holds nearly $700 million in Unclaimed Property for 4.3 million account holders that may be searched for and claimed at www.ShowMeMoney.com. There are 61 accounts with more than $100,000.

Southeast Missouri Region (Bollinger, Butler, Cape Girardeau, Carter, Dunklin, Iron, Madison, Mississippi, New Madrid, Pemiscot, Perry, Reynolds, Ripley, Scott, St. Francois, Ste. Genevieve, Stoddard, Wayne): $14.8 million in  nearly 180,000 accounts.

– One account with more than $100,000 in Butler County.

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