Des Moines, Iowa – State Treasurer Michael Fitzgerald announces another successful year for individuals visiting the Great Iowa Treasure Hunt booth during the Iowa State Fair. “Many fairgoers took advantage of our on-site, online claims process at the Great Iowa Treasure Hunt fair booth this year,” said Fitzgerald. “Over 11,000 searches were conducted and 2,176 properties were claimed, totaling over $309,000 in value. The largest single cash claim filed was $9,700!”
Fairgoers also had the opportunity to share unclaimed property information with their family and friends via email. “The search doesn’t stop at the fair,” continued Fitzgerald. “Over 300 shares were sent out via email and I encourage those individuals to come forward and claim their property as well. However, there’s no need to wait until next year. It’s easy to search our full database any day of the year at GreatIowaTreasureHunt.gov.”
The Great Iowa Treasure Hunt program has returned over $304 million in unclaimed property to more than 574,000 people since Fitzgerald created it in 1983. 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, where they 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.