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.
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
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
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.
Chief Financial Officer
State of Florida
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
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
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.
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
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
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
- 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
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