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National Unclaimed Property Day: State holding $1B in unclaimed funds

National Unclaimed Property Day: State holding $1B in unclaimed funds
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Alabama State Treasurer announces Feb 1 National Unclaimed Property Day

State Treasurer Young Boozer has declared Feb. 1 as National Unclaimed Property Day in a news release today. National Unclaimed Property Day is set to shed light on the prevalence of …

Search for your unclaimed property in Alabama

Search for your unclaimed property in Alabama By WBRC Staff | January 29, 2021 at 3:05 PM CST - Updated January 29 at 3:05 PM BIRMINGHAM, Ala. (WBRC) - Monday, February 1, 2021 is National Unclaimed Property Day. In 2020, Alabama Unclaimed Property returned $36,000,000 to people across the state. Currently, State Treasurer John McMillan’s office holds more than $1 billion in unclaimed property. These assets may be in the form of cash, stock, bonds, insurance benefits or even valuables from safe deposit boxes. The assets are turned over to the state each year by businesses and financial institutions that lose contact with the owners. “Our office diligently works to identify, notify and pay the owners of these properties as simply and quickly as possible,” said State Treasurer John McMillan. “Our work is even more important now, during the pandemic and economic hardships when every penny counts.”

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