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Archive for November, 2010

State Treasuries Become Aware of Unclaimed Property Increase

Tuesday, November 9th, 2010

The volume of unclaimed money and property continues to grow big and state treasuries are trying to manage this problem to the best of their capability. Most of the states are reporting a consistent upward slide in the unclaimed property graph. Every state has reported an astounding figure for the unclaimed money. In addition to the state treasuries, some of the bigger banks have also reported large numbers for the unclaimed bank balances. A recent Press Release is about half a million dollars in unclaimed money from former Washington Mutual Bank customers in Wisconsin is waiting to be claimed.

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