$11 million in unclaimed property owed to tri-county residents

From staff reports

Pennsylvania Treasurer Stacy Garrity has announced that more than $11.2 million of unclaimed property is owed to residents of Venango, Clarion and Forest Counties.

In fiscal year 2022-23, Treasury returned the most unclaimed property ever in a single year – almost $274 million.

Anyone who would like to see if they have money waiting can search Treasury’s unclaimed property database at patreasury.gov/unclaimed-property

If money is available, a claims process can be started online.

Unclaimed property includes things like dormant bank accounts, uncashed checks, forgotten stocks and insurance policies.

State law requires businesses to report unclaimed property to Treasury after three years of dormancy.

Unclaimed property can also include tangible property such as jewelry or other valuables stored in abandoned safe deposit boxes. Tangible property may be auctioned by Treasury after three years of trying to locate the rightful owner.

All auction proceeds are available in perpetuity for the rightful owner to claim.

Treasury often receives military decorations and memorabilia as unclaimed property, usually from safe deposit boxes, and works diligently to find the veterans who earned them or their families.

Military decorations and memorabilia are never auctioned.

Since taking office, Garrity has returned 412 military decorations and memorabilia, including 10 Purple Hearts and three Bronze Stars. About 450 military decorations remain in Treasury’s vault.

Anyone wanting to help Treasury find the rightful owners can visit patreasury.gov/unclaimed-property/medals

Those searching for unclaimed property can also reach Treasury at (800) 222-2046 or tupmail@patreasury.gov

State legislative offices can also assist.