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Secrets About Unclaimed Bank Accounts

Monday, July 7th, 2014

Want to hear a secret? There are thousands upon thousands of unclaimed bank accounts being managed by Treasury officials all across the country. Some of these accounts have less than twenty dollars and some have substantially more. That’s only one secret about unclaimed accounts. Here are a few more you might like to know, including one well-kept secret about how to find unclaimed bank accounts that may belong to you.

 

Secret #1: You Can Find Unclaimed Bank Accounts Using the Internet

Abandoned Bank Accounts Add Up

Tuesday, March 19th, 2013

Out of all the sources for unclaimed money, abandoned bank accounts have to be the most boggling. How can anyone abandon a bank account? That’s the question most people want the answer to the moment they hear that there are millions if not billions of dollars in unclaimed money from that very source. Regardless of how or why it happens, it certainly does happen and it’s a frequent enough occurrence that most state Treasurers want to put a stop to it. If you suspect that you may have abandoned a bank account somewhere down the line, it’s time for you to finally find out.

Mother and Daughter Duo Awarded Unexpected Unclaimed Money

Wednesday, April 25th, 2012








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Increase Income with Unclaimed Bank Accounts

Thursday, August 18th, 2011

Banks are the most common and frequently utilized financial institution in a person’s life. It is an unfortunate fact that a majority of the unclaimed funds are because of the abandoned bank accounts and some of these are never claimed back. If you are looking to claim back your lost money which is lying in some bank, the best place to start will be the Federal Deposit Insurance Corporation’s web site at www.fdic.gov. Every type of bank can be found under the “bank Find” tab. The unclaimed money can be requested within a period of one and a half years, and after, the funds are handed over to FDIC.

Claim Your Cash, One Bank Account at a Time

Friday, July 30th, 2010

Inactive bank accounts are one of the major contributors to the unclaimed cash with which U.S. state treasury is overflowing. States neither can use this huge unclaimed cash nor can dispose it off. States can only wait for the rightful owners of the unclaimed cash to come forward, stake claim and take away what is theirs.

Bank accounts and banking activities are contributing to the rising mound of unclaimed property. Savings accounts that are not properly closed or left inactive are turning out to be the major cause of concern. Banks in the U.S. are holding many accounts that are dormant. The number of checks that are not redeemed and forgotten are moreso a concern for the banks.


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When you perform a free trial search on CashUnclaimed.com we display the total dollar amount in unclaimed funds that we show reported by the appropriate government agencies. This does not guarantee that this money is 100% absolutely yours. What it means is that there is that total dollar amount shown by government agencies under your name and common variations of your name at the last time we had the information available to us was reported as unclaimed and is able to have a claim form submitted to be paid that amount. For more information please read our terms of use by clicking the link above.