Treasurer calls for Mobile County residents
to reunite with their unclaimed property
Montgomery -– Treasurer Kay Ivey announced today that over 79,000 listings with Mobile County addresses are currently on the state’s unclaimed property database, representing more than $20.3 million waiting to be claimed by the people of Mobile County.
Ivey has declared August as “Unclaimed Property Awareness Month” and encourages all Alabamians to see if their name is on the list.
“Unclaimed property can be in the form of uncashed checks, stocks, bonds, dividend checks, utility deposits, and even items found in abandoned safe deposit boxes. After a business has held unclaimed property for a number of years set by law, they turn it over to the state treasury and we hold it until individuals come forward to claim it,” Ivey said.
Ivey said that more than $52 million has been received this fiscal year in unclaimed property, and over $19 million has been returned to the citizens of Alabama. Last year, a record amount of $23 million in unclaimed property was paid out to 26,770 claimants, said Ivey.
“So much hard work goes into collecting these funds from businesses, banks and insurance companies that are unable to contact property owners,” Ivey said. “All the hard work is worthwhile when owners are located and are able to connect with their assets.”
Ivey encourages all Alabamians to search for their name on the Unclaimed Property database by visiting the Treasury Web site at www.treasury.alabama.gov. Claims may be filed online or by calling the Treasurer’s Office and requesting a claim form. The Unclaimed Property division of the Treasurer’s Office can be reached at 1-888-844-8400 Monday through Friday 7 a.m.-6 p.m.
“We’ve got money that belongs to people in every nook and cranny in Alabama,” Ivey stated. “We want to send checks to Citronelle, Satsuma, Mobile, Pritchard, Bayou La Batre, all over Mobile County. Go online or call us, and if you find your name and you can prove you are who you say you are, my staff and I would love to send you a check.”