PRESS RELEASE
Treasurer Fitzpatrick Breaks Fifth Unclaimed Property Record
Jefferson City, MO – Missouri State Treasurer Scott Fitzpatrick today announced that his administration
has broken its fifth Unclaimed Property record in two and a half years,
returning more Unclaimed Property in a fiscal year than any prior year. For the
fiscal year ending June 30, the Treasurer’s Office returned $47,180,314,
besting the prior record of $45,083,225 set in the fiscal year ending in 2019 by
more than $2 million. This represented over 200,000 accounts—a pinnacle reached
for the first time last year. “Returning Unclaimed Property to
rightful owners is a priority for my office,” Treasurer Fitzpatrick said. “This
record-breaking accomplishment is a reflection of the dedicated staff in my
office who did not allow continued challenges to impact their diligent work. I
am especially proud of the success of our partnership with the Department of
Labor to reunite Missourians who have applied for unemployment benefits with
their Unclaimed Property. As always, I encourage Missourians to search the
Unclaimed Property list. It is free to claim your money and many claims can be
submitted online.” Since taking office in
2019, Treasurer Fitzpatrick has broken four additional Unclaimed Property
records, returning the first $1 million of
his administration in less than 10 days, returning over $45 million in
one fiscal year, and returning Unclaimed Property to more Missourians in
one year than any prior treasurer, and Treasurer Fitzpatrick is
committed to finding innovative ways to streamline returning Unclaimed Property
to Missourians. In 2020, Treasurer Fitzpatrick partnered
with the Department of Labor and Industrial Relations to return Unclaimed
Property to those who have applied for unemployment benefits. This partnership
has returned over $3.3 million to more than 14,000 Missourians. In 2019, he
announced a
new partnership with the Department of Social Services that
created an automated system to match past-due child support cases with
the Unclaimed Property database. This partnership has returned over $3.5
million to Missouri families. Most Unclaimed Property
consists of cash from bank accounts, stocks, bonds, and contents of safe
deposit boxes that have been abandoned. It can also include uncollected
insurance policy proceeds, government refunds, utility deposits, and wages from
past jobs. The Treasurer’s Office
also holds more than 250 military medals and insignia that have been found in
safe deposit boxes turned over to the office as Unclaimed Property. Photos and
information about the last known owner can be found on ShowMeMoney.com/medals.
Treasurer Fitzpatrick
currently manages over $1 billion in unclaimed assets in more than five million
owner accounts. One in ten Missourians has Unclaimed Property, and the average
return is nearly $300. Missourians
can search and claim unclaimed property 24/7 at ShowMeMoney.com. ### Follow the Treasurer’s Office on Twitter,
Facebook, and Instagram @motreasurer.