State Treasurer Michael L. Fitzgerald is looking for over one million people who are owed over $258 million. The spring publication of the Great Iowa Treasure Hunt is scheduled to launch soon and it will include thousands of names.
“Spring publication is always an exciting time for us,” stated Treasurer Fitzgerald. “Our goal is to reunite as many people with their unclaimed property as possible.” The spring publication of the Great Iowa Treasure Hunt is scheduled to begin soon, and includes funds received since November 2012. Treasurer Fitzgerald would also like to remind individuals they do not have to wait until their name is published in the paper to see if they have unclaimed property. “You can go to greatiowatreasurehunt.com and search the entire Great Iowa Treasure Hunt list for your name anytime.”
The Great Iowa Treasure Hunt program has returned over $160 million in unclaimed property to more than 391,000 individuals since Fitzgerald started 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, where it is 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.
Make sure to keep watch for the upcoming publication coming soon to local papers. For more information about the Great Iowa Treasure Hunt, please visit greatiowatreasurehunt.com.