Vermonters Encouraged to Check for Unclaimed Funds

The Vermont Treasurer’s office says it has about $71 million in unclaimed financial property and is encouraging Vermonters to see if any of it is theirs.

The property includes misplaced savings or investments, insurance policies, abandoned security deposits and uncashed tax refunds or paychecks.

State Treasurer Beth Pearce says residents can check for their name, business or non-profit organization in the online database at MissingMoney.Vermont.gov.

A list of new unclaimed property valued at $50 or more has been turned over to the Treasurer’s office in the past year and will also be inserted into daily newspapers throughout November.

Last year more than 13,107 people claimed more than $4.7 million in unclaimed property and the average claim amount was $365, Pearce said.

“In this past year, we received more than $10 million in new unclaimed property,” she said. “We encourage people to develop the habit of checking at least once a year to see if there’s anything listed for them.”