CFO Jimmy Patronis Announces More Than $28 Million in Unclaimed Property Returns in September
10/5/2020
TALLAHASSEE, Fla. – Today, Chief Financial Officer (CFO) Jimmy Patronis announced more than $28 million in unclaimed property was returned to Floridians in the month of September 2020. Additionally, since CFO Patronis took office three years ago more than $1 billion has been returned to Floridians in Unclaimed Property.
CFO Jimmy Patronis said, “We're working hard to get our economy back on its feet and that's why I am proud to announce that for the month of September more than $28 million went to the pockets of Floridians. Since the pandemic began in March, we have recovered and returned more than $216 million, which is especially important because now is the time when people need it the most. I’m looking forward to continuing to work hard and close out 2020 as a record-high year in returns. I encourage all Floridians to search now for unclaimed property at FLTreasureHunt.gov.”
Unclaimed Property is a financial asset that is unknown or lost, or has been left inactive, unclaimed or abandoned by its owner. The most common types of unclaimed property are dormant bank accounts, unclaimed insurance proceeds, stocks, dividends, uncashed checks, deposits, credit balances and refunds. Unclaimed property also includes contents from abandoned safe deposit boxes in financial institutions. Unclaimed property assets are held by business or government entities (holders) for a set period of time, usually five years. If the holder is unable to locate, re-establish contact with the owner and return the asset, it is reported and remitted to the Florida Department of Financial Services, Division of Unclaimed Property.
To search for unclaimed property or to claim an account, go online to FLTreasureHunt.gov.
CFO Jimmy Patronis said, “We're working hard to get our economy back on its feet and that's why I am proud to announce that for the month of September more than $28 million went to the pockets of Floridians. Since the pandemic began in March, we have recovered and returned more than $216 million, which is especially important because now is the time when people need it the most. I’m looking forward to continuing to work hard and close out 2020 as a record-high year in returns. I encourage all Floridians to search now for unclaimed property at FLTreasureHunt.gov.”
Unclaimed Property is a financial asset that is unknown or lost, or has been left inactive, unclaimed or abandoned by its owner. The most common types of unclaimed property are dormant bank accounts, unclaimed insurance proceeds, stocks, dividends, uncashed checks, deposits, credit balances and refunds. Unclaimed property also includes contents from abandoned safe deposit boxes in financial institutions. Unclaimed property assets are held by business or government entities (holders) for a set period of time, usually five years. If the holder is unable to locate, re-establish contact with the owner and return the asset, it is reported and remitted to the Florida Department of Financial Services, Division of Unclaimed Property.
To search for unclaimed property or to claim an account, go online to FLTreasureHunt.gov.
###
About CFO Jimmy Patronis
Chief Financial Officer and State Fire Marshal Jimmy Patronis is a statewide elected official and a member of Florida’s Cabinet who oversees the Department of Financial Services. CFO Patronis works each day to fight insurance fraud, support Florida’s firefighters, and ensure the state’s finances are stable to support economic growth in the state. Follow the activities of the Department on Facebook (FLDFS) and X (@FLDFS).