Unclaimed Property Information at Mo. State Fair
KMZU 100.7Sarah Scott
Friday, August 10, 2012
SEDALIA, Mo. – State Treasurer Clint Zweifel (ZWY-ful) holds $700 million in Unclaimed Property that belongs to 4.3 million account owners, and is asking 2012 Missouri State Fair attendees to see if any of it could be theirs. Members of Treasurer Zweifel’s Unclaimed Property team will be at the fair each day starting Thursday, Aug. 9, from 10 a.m. to 4 p.m. in the Mathewson Exhibition Center to help Missourians find and claim their property.
“Making it easier for Missourians to search for their Unclaimed Property has been one of my goals since day one and having my staff at the State Fair, where thousands of Missourians can search for property, file claims and ask questions, just makes sense,” Treasurer Zweifel said. “I have cut wait times in half, returned $124 million since 2009, and have now returned 35 percent of all property ever returned since the program was started. One in 10 Missourians has Unclaimed Property, and the average claim is $300. It is definitely worth a few minutes of your time to stop by.”
More than 400 account owners found $90,000 at the 2011 Missouri State Fair.
Anyone can search for Unclaimed Property anytime at www.ShowMeMoney.com. Missourians can also sign-up to receive email notifications when new Unclaimed Property matching their information is added.
About Treasurer Zweifel’s Unclaimed Property
State law requires financial institutions, insurance companies, public agencies and other business entities to turn over assets to Treasurer Zweifel that belong to a customer, client, employee or other owner if there have been no documented transactions or contact with the owner for five or more years. Most Unclaimed Property consists of cash from bank accounts, stocks, bonds and contents of safe deposit boxes that have been abandoned. It also can include uncollected insurance policy proceeds, government refunds, utility deposits and wages from past jobs. Treasurer Zweifel does not handle real property such as land, houses, cars and boats. There is $700 million in Unclaimed Property maintained by Treasurer Zweifel. Treasurer Zweifel never charges for the return of Unclaimed Property.