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
You might think that you’d have to jump through a bunch of hoops to find unclaimed bank accounts, but that’s just not the case. Whereas the process of locating these accounts may have been arduous only a few short years ago, these days the process is much simpler. In fact, you don’t have to go anywhere or call anyone and you certainly don’t need to send anyone a letter. All you have to do is visit Cash Unclaimed, a massive online database that will pinpoint lost bank accounts in a matter of seconds.
There are a few standard steps the site will instruct you on when you do find unclaimed bank accounts or any other lost or misplaced money or property in your or your family’s name. The United States Treasury has been sharing this information with American citizens for some time now hoping to help curb the problem before it spirals out of control. Have you ever heard of lost bank accounts, misplaced funds or missing money before you read this article today? It definitely pays off to check into if you have any forms of funds out there just waiting for your to find and claim them.
Secret #2: You Might Have Unclaimed Bank Accounts in Your Name
That’s right, and the word ‘accounts’ is plural for a reason. Most people have no clue that these accounts exist. Yet the fact remains, many people have lost bank accounts at some point in their lives, including probably you. If you have ever opened a bank account that you no longer use and you can’t quite remember closing it, you might be able to find unclaimed bank accounts in your name.
Or sometimes an account is opened for you in the form of a business share, account or even a 401K that you either never used, checked on or closed out. They might have even incurred a little interest too. When was the last time you reflected upon the past to figure out if you have ever left any bank accounts open and unattended. Maybe you never have and this is the first time you have even thought about conducting a search for lost bank accounts and missing funds.
There are other possible reasons you may have an unaccounted for or claimed bank account as well, like an inheritance. Sometimes wills are lost or held onto for much longer than they should be so when they finally come to light they may point in the direction or an old bank account or savings funds that was either set up in your name and or left to you in the will. These cases are rare but they do happen and often enough that it is totally worth checking it out!
Secret #3: Most of These Accounts Are Loaded with Cash
Again, there are checking accounts, savings accounts, retirement accounts, 401K accounts and many more that are just waiting to be found. With Cash Unclaimed, you can have this money returned to you in a matter of days. Imagine attempting to find unclaimed bank accounts and finding thousands or even a hundred thousand dollars. Stranger things have happened.
The only thing left to do is to get on Cash Unclaimed to see how much you can uncover. There may be one or more unclaimed bank accounts with your name all over them. It only takes a moment to find out.