Listen Live on  

News Radio 610 WTVN

News, Traffic, & Weather - Columbus, OH

Ohioans claim record amount of unclaimed funds

Ohioans claim record amount of unclaimed funds
Posted July 16th, 2014 @ 11:03am by WTVN Newsroom

COLUMBUS, Ohio (WTVN) -- During the last fiscal year, the state of Ohio returned a record $74.4 million in unclaimed funds to Ohioans. That's a 7.6 percent increase over the previous year.

The average unclaimed funds claim was $1,561.49.

Unclaimed funds are money or the rights to money that have been dormant or forgotten. Some common examples include: dormant checking and savings accounts, forgotten rent or utility deposits, uncashed checks, undelivered stock certificates and uncashed insurance policies. 

This April the state topped $1 billion returned to Ohioans since the Ohio Department of Commerce created a Division of Unclaimed Funds.

“The Department of Commerce, Division of Unclaimed Funds is committed to reuniting Ohioans with their hard-earned money and we are proud of the record amount that was returned this past year,” said Commerce Director Andre Porter. “This money can help Ohioans buy a tank of gas, pay off some bills, make a needed home repair or even expand a business which means jobs for Ohioans.”

You can visit to see if you have funds waiting to be claimed.

(Photo courtesy Getty Images)

Recommended Stories

More from News Radio 610 WTVN