State Treasurer Michael L. Fitzgerald announced today the Great Iowa Treasure Hunt has reached a milestone of $200 million in unclaimed property returned. “Since the program’s inception in 1983, we have returned $200 million through the Great Iowa Treasure Hunt,” Fitzgerald said. “Vona Burbank of Urbandale helped us reach our milestone. Her claim of $6,723 put our returns at just over $200 million! This milestone reinforces our dedication to reuniting unclaimed property with its rightful owners.”
$200 Million Returned Milestone in Great Iowa Treasure Hunt
Unclaimed property refers to money and other assets held by financial institutions or companies that have lost contact with the property’s owner for a specific period of time. State law requires these institutions and companies to annually report unclaimed property to the state treasurer’s office.
“There is no time limit or fee to claim your money,” Fitzgerald added. “The assets are held until the owner or heir of the property is found.” Common forms of unclaimed property include savings or checking accounts, stocks, uncashed checks, life insurance policies, utility security deposits and safe deposit box contents.
Visit the Great Iowa Treasure Hunt at GreatIowaTreasureHunt.gov to begin your search. Like Great Iowa Treasure Hunt on Facebook and follow the program on Twitter (@GreatIATreasure).