Almost half of all Idahoans are listed as having property in
Idaho's Unclaimed Property database
Have
you ever reached into an old coat pocket and
found some cash? Most of us have and it’s a
great surprise – and one that doesn’t happen
often enough. You can relive that feeling by
reaching into the State of Idaho’s unclaimed
property database and see if they are holding
money you didn’t know you had.Right now the Idaho State Treasurer’s Office Unclaimed Property Program has approximately $13 million in newly submitted lost or forgotten money for Idahoans to claim. This money was turned over to the State in January, so even if a person has checked for their name in the past and didn’t find money, their name could be there now.
Businesses and organizations that cannot locate rightful owners annually submit abandoned money to the state. What is the source of the money? A few examples are overpaid bills, utility deposits, inactive savings and checking accounts, life insurance policies, stocks, and bonds.
Currently, over 800,000 Idahoans are listed as having money in the Idaho Unclaimed Property Database—that's nearly half of everyone in Idaho. Since July of last year, almost 16,000 Idahoans have claimed their money.
“We find it very rewarding when we see people filing claims and getting money sent to them that they didn’t know they had. It really is the best feeling of satisfaction,” says Cozette Walters, Unclaimed Property Program Administrator.
The State makes it easy for citizens to search for their lost or forgotten money. With a new user-friendly website and web address, yourmoney.idaho.gov, Idahoans can search for their names and file a claim online.
Searching and claiming lost money on the Idaho State Treasurer's Unclaimed Property website is always free and confidential.