MOUNDSVILLE, W.Va. — Marshall County has received more than $4,000 in previously unclaimed funds through West Virginia’s unclaimed property program.
West Virginia State Treasurer Larry Pack presented the Marshall County Commission with a check for $4,197 during a visit Thursday, returning money that had belonged to the county but was transferred to the state after remaining unclaimed.
The state’s unclaimed property program safeguards forgotten financial assets, including dormant bank accounts, uncashed checks, insurance proceeds, utility deposits and other funds until they can be reunited with their rightful owners.
Pack said returning money to local governments and residents is one of the primary goals of the program, noting that every dollar recovered can help support tight budgets and community needs.
The West Virginia Treasurer’s Office currently holds nearly $500 million in unclaimed property belonging to individuals, businesses and organizations across the state.
State officials encourage residents to search the unclaimed property database to see if money is being held in their name or in the names of family members.
According to the Treasurer’s Office, the program has returned tens of millions of dollars to rightful owners in recent years, with thousands of claims processed annually.
