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Law Enforcement Orgs Have Nearly $90,000 in Unclaimed Property with PA Treasury Department

Thursday May 16th, 2013

During the week designated to honor the men and women who protect our communities, State Treasurer Rob McCord reminds law enforcement units that there could be additional money to support their important work waiting for them at www.patreasury.gov.

McCord notes that the Pennsylvania Treasury’s unclaimed property database currently contains nearly $90,000 belonging to police departments, sheriff offices, and other law enforcement organizations.

“President Kennedy created National Police Week in 1962 to recognize the service and sacrifice of U.S. law enforcement,” Treasurer McCord said in a press release. “These brave men and women must have access to every dollar at their disposal to support their operations, and that’s why we encourage police departments and sheriff offices to visit www.patreasury.gov regularly and see if we are holding any lost or forgotten money for them. Every dollar counts in the fight to keep our communities safe.”

The nearly $90,000 is just a fraction of the $1.9 billion in unclaimed property Treasury currently seeks to reunite with businesses, organizations, and citizens across the state. McCord encourages everyone to search Treasury’s free unclaimed property database at www.patreasury.gov or call 1-800-222-2046, Monday through Friday, 7:30 a.m. to 4:30 p.m. A member of Treasury’s Return Team will assist them with their search and claim process.

Each year, Treasury receives millions of dollars in unclaimed property – things such as abandoned bank accounts, forgotten stocks, uncashed checks, and contents of safe deposit boxes. Since January 2009, the McCord Treasury has collected more than $1 billion in property and returned more than $440 million to rightful owners. The difference, about $602 million, is available in perpetuity to the owners but goes into the state’s General Fund until it is returned.

To learn more about Pennsylvania’s Unclaimed Property Program or to search for property, visit www.patreasury.gov or call 1-800-222-2046.