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My Florida C F O

Dear Fellow Floridians:

One of the ways the Department of Financial Services is always working to put money back in the pockets of Floridians is through our Bureau of Unclaimed Property. Since 2011, $861 million in unclaimed property has been returned to its rightful owners.Search unclaimed property.

Unclaimed property consists of dormant accounts in financial institutions, insurance and utility companies, securities and trust holdings. It can also include tangible belongings such as jewelry, coins, currency, stamps, historical items and other miscellaneous articles from abandoned safe deposit boxes. We work hard to return these unclaimed, lost or unknown funds to their rightful owners, and we are having more success than at any time in the program’s history.

Nearly 35 percent of all unclaimed property returned since the program’s creation in 1961 has occurred since 2011. Returned money not only benefits families, it also stimulates Florida's economy by circulating additional discretionary income back into our local communities and businesses.

Until claimed, unclaimed funds are deposited into Florida's school fund for the benefit of public education. There is no statute of limitations, however, and consumers have the right to claim their property at any time, at no cost.

Our team’s tireless work to reunite Floridians with their money and property for the betterment of families, our economy and schools is tremendous. I encourage anyone who has ever resided in Florida or has relatives who live or have lived in our state, to visit www.fltreasurehunt.org. Our website has an unlimited "search" function, which allows you to create and print claim forms for any accounts to which you are entitled. Each claim form includes instructions and lists the documentation required to prove the claim.

Jeff Atwater
Jeff Atwater
Chief Financial Officer
State of Florida

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News-Sun: Fire Marshal K-9 team sniffs out arson

WINK News: Florida's insurance fund remains strong

Sun Sentinel: Biotech leaders forecast more growth

Sarasota Herald-Tribune: New AAA website searches for lowest gas prices

Sun Sentinel: Cheaper prepaid college plans go on sale Wednesday

Florida Economic Briefs

August marked highest level of job openings since January 2001
On the last business day of August there were 4.8 million job openings, a 0.2 million increase from July (4.6M). This increase was primarily noted in nondurable goods manufacturing, health care and social assistance, and accommodation and food services.
Source: Bureau of Labor Statistics

Consumer credit increases by 5 percent
According to a recent report from the Federal Reserve, consumer credit increased by 5 percent in August. Revolving credit decreased by 0.3 percent and nonrevolving credit increased by 7 percent.
Source: Federal Reserve

Florida's Bottom Line - Small Business

Florida's Bottom Line - Summer 2014Small businesses are the backbone of Florida’s economy, which is why we are focused on cultivating an environment where they can continue to thrive. Florida is home to 2.3 million small businesses, which constitute nearly 99 percent of our state’s employers. These businesses are truly the heart of Florida’s economic lifeblood, employing one-in-three working Floridians and creating nearly two-thirds of new private sector jobs statewide.

This edition of Florida’s Bottom Line highlights why Florida's small businesses must continue to grow, prosper and remain in our state for our economy to thrive. Inside, you will find keen insight from small business experts as well as a wide array of helpful resources for your small business.

Read the small business edition of Florida's Bottom Line here.

Fostering Financial Prosperity


This special issue of Florida’s Bottom Line offers an overview of the Department of Financial Services’ transparent, fiscally-sound and consumer-oriented accomplishments since 2011.

Fostering Financial Prosperity

Free Fraud Prevention Workshops for Seniors

Chief Financial Officer Jeff Atwater’s Department of Financial Services is partnering with the Miami and Hialeah Police Departments and the Broward County Sheriff’s Office to host free financial workshops for seniors, their families and their caregivers. Operation S.A.F.E Be Scam Smart WorkshopsThese workshops, called Operation S.A.F.E (Stop Adult Financial Exploitation) Be Scam Smart workshops, will teach attendees how to spot a financial scam, how scams work and steps attendees can take to protect themselves.

"We want to provide Floridians the education they need to make wise financial decisions and to protect themselves from scams," said CFO Atwater. "We are grateful to have law enforcement partners help us bring this important information to Florida’s senior and Spanish-speaking residents."

The workshops are a part of CFO Atwater's On Guard for Seniors initiative, which he launched to educate seniors on specific financial topics such as annuities, identity theft, reverse mortgages and long-term care insurance. Operation S.A.F.E. Be Scam Smart workshops focus on frauds and scams, such as fake lotteries and repair scams, and how these scams work on the psyche.

Workshop Dates and Locations

  • Wednesday, October 22nd - Deerfield Beach
    10:00 a.m. - 11:00 a.m. at NE Focal Point Senior Center
    227 NW 2nd Street, Deerfield Beach, Florida 33441
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  • Thursday, October 23rd - Hollywood
    10:00 a.m. - 11:00 a.m. at Boulevard Heights Community Center
    6770 Garfield Street, Hollywood, Florida 33023

To register or for details on future workshops, visit www.MyFloridaCFO.com/SAFE  or contact the Division of Consumer Services toll-free at 1-877-MY-FL-CFO (693-5236). Registration is not required but encouraged.

As part of CFO Atwater's recently-launched Hispanic financial literacy initiative, Family Foundations: Building a Strong Financial Future, workshops in Spanish will be presented in 2015. For more information visit www.myfloridacfo.com/ymm/FamilyFoundations.