10/31/2024 | Press release | Distributed by Public on 10/31/2024 09:05
New Bloomfield, PA - Pennsylvania Treasurer Stacy Garrity, Rep. Perry Stambaugh (R-86) and Tom Burd, vice president of the New Bloomfield Volunteer Fire Company, announced today that more than $25,000 in unclaimed property has been returned to the New Bloomfield Volunteer Fire Company.
"Volunteer fire companies truly do God's work all across our state, protecting millions of Pennsylvanians who rely on their services. I know this money will be put to good use serving the community, just like New Bloomfield has done for more than 90 years. I appreciate working with Rep. Stambaugh to return these funds, and I encourage everyone to check our website to see if we have any money available to claim for you - or your business or nonprofit organization. It only takes a couple of minutes!"
"I commend Treasurer Garrity on getting this unclaimed money out of the vault and into the hands of our hardworking firefighters. Pennsylvania's volunteer fire companies do incredible work, so returning this money is especially meaningful."
"Our organization recently received $25,153 from Treasurer Garrity's unclaimed property program. The process was easy and efficient. The documentation was appropriate to confirm our identity and ensure that the payment was going to the rightful owner. I would encourage everyone to check out this program!"
The $25,153.90 returned to the New Bloomfield Volunteer Fire Company includes two individual properties from 2018, ranging in value from $720 to $24,433.90. Properties returned include funds fromcredit balances. How the funds are spent will be determined by the fire company.
Treasurer Garrity has returned more than $17.7 million to nearly 100 local government agencies, including counties and municipalities.
Treasury is working to return more than $4.5 billion in unclaimed property to its rightful owners, including more than $4 million owed to Perry County residents. More than one in ten Pennsylvanians is owed unclaimed property, and the average claim is worth about $1,600.
Unclaimed property can include dormant bank accounts, uncashed checks, insurance policies, contents of forgotten safe deposit boxes and more. State law requires businesses to report unclaimed property to Treasury after three years of dormancy. Treasury keeps tangible unclaimed property for at least three years before it is auctioned. Auction proceeds are kept in perpetuity for owners to claim. Military decorations and memorabilia are never auctioned.
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.