Unclaimed property and how to claim it in Blair County, PA |
Details on the role of the pennsylvania treasury and dormant bank accounts |
Pennsylvania Treasurer Stacy Garrity recently announced the return of over $160,000 in unclaimed property to various employers in Blair County. This initiative took place during the Blair County CareerLink’s Spring Job Fair at the Jaffa Shrine Center in Altoona.
Employers attending the job fair were primarily seeking new talent. However, the Pennsylvania Treasury provided an unexpected financial boost by assisting them in reclaiming unclaimed property. Treasurer Garrity emphasized that unclaimed property is owed to a wide range of organizations across the state and encouraged everyone to search for themselves, their families, and any business, nonprofit, or other entity they’re involved in.
The Treasury's outreach efforts led to the identification of $161,105 in unclaimed property for 17 employers, including:
Penn Highlands – $55,722.95
Conemaugh Health – $27,268.01
First Commonwealth Bank – $24,538.96
City of Altoona – $14,645.19
Skills of Central PA – $8,380.00
Altoona School District – $5,352.02
Spectrum Control – $5,016.49
Lampire Biological – $4,861.89
Estes Express – $4,313.01
UPMC Altoona – $3,069.40
Cove Forge Behavioral Health – $2,365.12
Saint Francis University – $2,238.20
New Pig – $1,254.91
Leonard S. Fiore – $704.99
Spring Cove School District – $691.77
Champion Homes – $379.48
Burgmeiers Hauling – $302.65
Unclaimed property encompasses assets such as dormant bank accounts, uncashed checks, insurance policies, and contents of forgotten safe deposit boxes. State law mandates that businesses report unclaimed property to the Treasury after three years of dormancy.
The Pennsylvania Treasury is currently working to return more than $5 billion in unclaimed property, including nearly $19 million owed to Blair County residents. Notably, more than one in ten Pennsylvanians are owed unclaimed property, with the average claim exceeding $1,000.
Since taking office, Treasurer Garrity has returned over $1 billion in unclaimed property, including a record $334 million last year. She encourages all residents and organizations to search for unclaimed property that may belong to them.
To search for unclaimed property, visit the Pennsylvania Treasury's official website. |
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