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Utahns received over $30 million in unclaimed cash from state office

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Salt Lake City, Utah — According to the Utah Office of the State Treasurer, in the last fiscal year, Utahns received over $30 million in unclaimed cash, thanks to a division in the state that few people may know about.

Last year, the division received 503,648 unclaimed properties totaling $66.7 million from sources such as dormant bank accounts, overpaid medical bills, uncashed checks, unpaid insurance benefits, and other sources.

“Our team uses a variety of methods to return unclaimed money to rightful owners, including implementing aggressive outreach campaigns, leveraging technology, and forging partnerships with charities, local government leaders, and the news media,” said Utah Treasurer Marlo Oaks.

One use of the tool allows the division to focus on areas of the state with the greatest need.

The division sent out 796,388 direct mail postcards to these communities during the past year as part of this effort.

“Every Utahn should go online at least once a year to find and claim their property – and check for family, friends, deceased relatives, and organizations they support as well,” said Unclaimed Property Administrator Dennis Johnson.

“Even if you have searched for unclaimed property in the past, check again,” Treasurer Oaks said. “We may have received additional property since you last visited our website.”

For more information and to search property, visit mycash.utah.gov.

 

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