It may sound like some shifty internet scam, but it’s not. According to Janet Cowell, North Carolina’s State Treasurer, one in eight North Carolinians has a claim — with the average value being nearly $1,400.
From the State Treasurer’s website: “Unclaimed property consists of bank accounts, wages, utility deposits, insurance policy proceeds, stocks, bonds, and contents of safe deposit boxes that typically have been abandoned for one to five years. Funds become unclaimed because the company loses track of the consumer, due to an incorrect address or other missing information. By law, these funds are escheated, or turned over, to the Department of State Treasurer for safekeeping. As new funds are added, the NC Cash Database is updated, which means that your name could be listed right now.”
To find out if you have any unclaimed property in North Carolina, click here. If it turns out that you’re on the list, you can claim your cash in four easy steps — and it won’t cost you a thing. Unless the Treasurer’s office needs information beyond what you provide online, you will receive your unclaimed property within 30 days.