Treasurer Stacy Garrity and Sen. Tracy Pennycuick return over $37K in unclaimed property to residents of Berks and Montgomery Counties

November 3, 2024 - 06:28 PM - Berks Weekly

Pennsylvania Treasurer Stacy Garrity and Sen. Tracy Pennycuick (R-24) have announced that over $37,000 in unclaimed property is being returned to residents of Berks and Montgomery counties following two recent events hosted by Sen. Pennycuick, one in Bechtelsville and one in Schwenksville.

“Whether it’s $5 or more than $15,000, returning unclaimed property is always rewarding,” Treasurer Garrity said. “We had a fantastic time working with Sen. Pennycuick and her staff to identify more than 40 constituents who had unclaimed property available. These events were a fantastic way to return unclaimed property, but you don’t have to wait to see us in person. Visit our website and search today – it only takes a minute or two to find out if any of the $4.5 billion we’re working to return belongs to you!”

“It was terrific to see so many residents in Berks and Montgomery counties reclaim what is rightfully theirs,” Sen. Pennycuick said. “We are grateful for the wonderful work of the state Treasury Department for returning unclaimed property and their superb service on behalf of all Pennsylvanians.”

Residents of Sen. Pennycuick’s district stopped by the two State Services Day events she hosted on October 24, where they were helped in their search for unclaimed property by the Senator’s staff and Treasury’s outreach team. The first event was held at Eastern Berks Fire Department Station 3 in Bechtelsville; the second was held at Schwenksville Borough Hall.

Anyone living in the 24th Senatorial District can contact Sen. Pennycuick’s district office in Red Hill for assistance searching for, or filing a claim for, unclaimed property.

The unclaimed property identified at these events included money that had been turned over to Treasury from banks, credit unions, insurance companies, healthcare organizations, retailers, and more. Treasury is in the process of returning those funds to the individuals and organizations identified as the rightful owners.

Unclaimed property can include dormant bank accounts, uncashed checks, lost rebates, forgotten safe deposit boxes, and much more. State law requires businesses to report unclaimed property to Treasury after three years of dormancy.

Treasury is working to return more than $4.5 billion in unclaimed property to its rightful owners – including more than $70 million owed to residents of Berks County and more than $268 million owed to residents of Montgomery County. The average claim is worth about $1,600, and more than one in ten Pennsylvanians is owed unclaimed property.

To learn more about unclaimed property or to search Treasury’s database to see if any money is available for you to claim, visit patreasury.gov/unclaimed-property.