DES MOINES, IA --- State Treasurer Michael L. Fitzgerald announces that he has over $238 million in treats waiting for Iowans in the form of unclaimed property in the Great Iowa Treasure Hunt. “There’s no trick involved in the Great Iowa Treasure Hunt – only treats for those who find they have property to claim. My office has an ongoing goal of returning as much unclaimed property to their rightful owners as possible,” stated Fitzgerald.
Treasurer Michael L. Fitzgerald Hands Out Treats for Halloween
The Great Iowa Treasure Hunt program has returned over $150 million in unclaimed property to more than 379,000 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 and deliver unclaimed property to the State Treasurer’s Office. The assets are then 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.
“Finding and receiving unclaimed property is an easy process,” explained Fitzgerald. “We are dedicated to helping Iowans reunite with their missing money and property.” Visit greatiowatreasurehunt.com to see if you have a treasure waiting for you.