Treasurer Stacy Garrity Visits Pocono Raceway to Return Unclaimed Property Treasurer Stacy Garrity and ABC News’ Good Morning America (GMA) teamed up to return more than $8,000 in unclaimed property to NASCAR fans at Pocono Raceway during NASCAR Race Weekend on Saturday, July 13. “What a tremendous event! Returning money to enthusiastic NASCAR fans at the iconic Pocono Raceway with Gio Benitez and the great team from GMA was a thrill,” Treasurer Garrity said. “We couldn’t ask for better partners – huge thanks to everyone at the Raceway and GMA. I encourage everyone to search for any unclaimed property that might be available to them. It’s so easy to do. Pennsylvanians can search online and find their unclaimed property in less time than it takes a NASCAR driver to finish a lap at the Tricky Triangle!” “It’s always a pleasure hosting Treasurer Garrity and her team at the raceway,” said Ben May, President of Pocono Raceway. “We’re thrilled for all the Pennsylvanians that were reunited with their property. This was a fun way to add some extra excitement to our NASCAR Race Weekend by surprising fans.” Treasurer Garrity, her staff and GMA co-anchor Gio Benitez were busy all afternoon, reuniting $8,086.29 worth of unclaimed property with more than 34 attendees. One woman visited the booth to see if her mother had any unclaimed property, but instead discovered more than $2,800 for herself. “That’s a great example of why it’s important to search our website,” Treasurer Garrity said. “I hear from people all the time who say they’re absolutely certain that they couldn’t possibly have any unclaimed property… and then they search, and they do!” At the July 13 event, Treasurer Garrity returned $2,607.17 to Pocono Raceway. Unclaimed property includes things like dormant bank accounts, uncashed checks, insurance policies, contents of forgotten safe deposit boxes and more. State law requires businesses to report unclaimed property to Treasury after three years of dormancy. Treasury is working to return more than $4.5 billion in unclaimed property to its rightful owners. More than one in ten Pennsylvanians is owed unclaimed property, and the average claim is worth about $1,600. To learn more about unclaimed property and to search Treasury’s database, visit patreasury.gov/unclaimed-property.
Treasurer Garrity: Unclaimed Property In celebration of National Roller Coaster Day, Treasurer Stacy Garrity announced today that nearly $43 million is owed to more than 208,000 Pennsylvanians who are ready to take the ride of their lives – those with a name or business name that includes the words coaster, ride, loop, up, down, thrill, summer, park, Edwin or Prescott. “The last few years have been a wild ride, and we could all use a little extra cash in our wallets,” Garrity said. “Please keep your arms and legs inside the ride at all times, and get ready to search for unclaimed property – you don’t even have to stand in line! The average roller coast ride is about two minutes long, but it doesn’t even take that long to see if Treasury has unclaimed property waiting for you.” Unclaimed property includes things like dormant bank accounts, uncashed checks, forgotten stocks, insurance policies, tangible property like the contents of abandoned safe deposit boxes, and more. The state’s unclaimed property law requires assets to be turned over to Treasury after certain periods of time, generally three years. “When Edwin Prescott patented the first looping roller coaster in North America in 1898, he had no idea how many smiles his invention would bring to millions of people,” Garrity said. “Finding unclaimed property is another reason to smile, especially since the average claim is about $1,500. One in ten Pennsylvanians is owed unclaimed property, so there’s a good chance you might end up with money in your pocket!” Last year, Treasury returned more than $135 million to Pennsylvanians. Treasury is currently seeking the owners of more than $4 billion in unclaimed property. Tangible property received by Treasury may be auctioned after approximately three years, but any proceeds from a sale will be kept in perpetuity until an owner is found. Military decorations and memorabilia are never auctioned, and Treasury works diligently to find veterans and their families to reunite them with these priceless symbols of service. Search Treasury’s unclaimed property database to see if you or someone you know has property waiting to be claimed at patreasury.gov/unclaimed-property.
Treasurer Garrity Urges Pennsylvanians to Search for Unclaimed Property With the Easter bunny’s annual visit just around the corner, Treasurer Stacy Garrity today urged Pennsylvanians to grab their baskets and hunt for some of the more than $4 billion worth of unclaimed property being safeguarded by Treasury. She also noted that more than $10 million is owed to Pennsylvanians with the words Easter, bunny, rabbit, egg, chick, chocolate, hop, candy or basket in their name or business name. “Searching for unclaimed property is like the ultimate Easter egg hunt,” Garrity said. “It is so simple to search for money that’s owed to you, a loved one, or a friend. With about one in ten Pennsylvanians owed unclaimed property, chances are pretty good that you’ll find something — and whether it’s a little extra cash or a long-lost family heirloom, we want to get it back to you.” The state’s unclaimed property law requires assets to be turned over to Treasury after certain periods of time. Unclaimed property can include things like dormant bank accounts, uncashed checks, forgotten stocks, insurance policies, tangible property like the contents of abandoned safe deposit boxes, and more. Tangible items are auctioned by Treasury after about three years of storage in the vault to make room for incoming property. Auction proceeds are kept in perpetuity for a rightful owner to claim in the future. Military decorations and memorabilia are never auctioned, and Treasury works diligently to find veterans and their families to reunite these priceless symbols of service. The average unclaimed property claim is worth about $1,500. Last year, Treasury returned more than $135 million of unclaimed property to Pennsylvanians. Search Treasury’s unclaimed property database to see if you have property waiting to be claimed at patreasury.gov/unclaimed-property.
