Treasury has $2.2 billion in unclaimed property;
HARRISBURG, Pa. -- Farmers, food manufacturers, equipment manufacturers and dealers, wineries, and agricultural youth organizations are among the groups that are owed more than $440,000 in unclaimed property, State Treasurer Rob McCord said last week as he visited the 98th Pennsylvania Farm Show.
The more than $440,000 the Treasurer highlighted is just a fraction of the $2.2 billion in unclaimed property Treasury is currently seeking to reunite with businesses, organizations, and citizens across the state. Among those rightful owners Treasury’s Return Team identified through its agriculture-specific search were:
• Dairies like Bechtels Dairy of Lewisburg;
• Farms like Leon Epler Farms in Northumberland;
• Farm supply and equipment companies like Fritsch Farm Supply of Hookstown;
• Orchards like Linvilla Orchard in Media;
• Agriculture clubs like the East Buffalo Pioneers 4-H Club in Washington;
• Livestock merchants like the Meadville Livestock Auction of Conneautville.
Treasurer McCord noted about one out of every 10 Pennsylvanians are owed unclaimed property, and the average claim is worth about $1200.
Anyone can search Treasury’s online database of unclaimed property for free by visiting www.patreasury.gov or by calling 1-800-222-2046, Monday through Friday, 7:30 a.m. to 4:30 p.m., to speak with a member of Treasury’s Return Team.
Each year, Treasury receives millions of dollars in unclaimed property – things such as abandoned bank accounts, forgotten stocks, uncashed checks, and contents of safe deposit boxes. Since January 2009, the McCord Treasury has collected more than $1.1 billion in property, returned more than $510 million to rightful owners, and generated about $615 million for the state’s General Fund through the Unclaimed Property Program.