Is money coming your way from Pa.?

June 1, 2011 1:46:55 PM PDT
The state is holding on to millions of dollars in unclaimed property and some of it could be yours.

Officials estimate that one in 10 Pennsylvanians has money coming to them from institutions like banks and insurance companies.

There is $419.4 million in unclaimed property for residents of the Delaware and Lehigh valleys.

The most common types of unclaimed property are savings or checking accounts, stocks, dividends, checks that have not been cashed, certificates of deposit, unclaimed insurance benefits, expired gift certificates, and items abandoned in safe deposit boxes and held in police department stolen-property files.

By law, at the end of the five-year period, holders must transfer abandoned property to the Treasury Department.

For more information and to search the database, visit the website of the Pa. Treasury Department.