DES MOINES, IA (05/11/2016)(readMedia)-- State Treasurer Michael L. Fitzgerald announced the Great Iowa Treasure Hunt is gearing up for another successful spring publication to reunite people with their unclaimed property. Treasurer Fitzgerald is looking for more than two million people who are owed over $307 million.
"The Great Iowa Treasure Hunt's spring publication is scheduled to begin soon and includes thousands of new names that have been received in the last year," Fitzgerald said. "Individuals do not have to wait for publication to see if they have unclaimed property. You can start your search today by visiting our website, GreatIowaTreasureHunt.gov. I encourage everyone to take a few minutes and search for their name."
The Great Iowa Treasure Hunt program has returned over $209 million in unclaimed property to more than 489,000 people since Fitzgerald created it in 1983. Unclaimed property refers to money and other assets held by financial institutions or companies that have lost contact with the property's owner for a specific period of time. State law requires these institutions and companies to annually report unclaimed property to the state treasurer's office. The assets are then held until the owner or heir of the property is found. Common forms of unclaimed property include savings or checking accounts, stocks, uncashed checks, life insurance policies, utility security deposits and safe deposit box contents.
(@GreatIATreasure).
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