Unclaimed Property

Dear Citizen:

Welcome to the Vermont State Treasurer's Office Unclaimed Property Web site. I hope this Web site will answer many of your questions about unclaimed property and assist you in locating unclaimed assets.

The primary function of the Unclaimed Property Division is to locate and return various forms of unclaimed financial property to the rightful owners or their heirs. This property could be forgotten bank accounts, uncashed pay checks, unclaimed security deposits, unused gift certificates, etc. It is most often in the form of money, but it can also be stocks, mutual funds, and contents of safe deposit boxes. The property comes from many sources, called holders, such as banks, credit unions, corporations, utilities, insurance agencies, retailers, and governmental agencies throughout the United States. The Vermont State Treasurer's Office acts as custodian to safeguard the assets until they can be claimed by the rightful owners or heirs.

Since taking office in January 2003, one of my priorities has been to return as much money to rightful owners as possible. We have increased advertising and other outreach activities, including enhancements to this Web site. I am pleased to report that these efforts have been successful. The amount of money paid to Vermonters in fiscal year 2007 was more than 3.7 million to more than 5,700 Vermonters. Over the prior four years, the average in paid claims was $4.2 million to 5,963 claimants per year.

We invite you to search our Web site and see if we have assets for you. This is a free service.

My office continually seeks ways to make returning unclaimed assets as easy as possible. I invite your comments and suggestions. Please press the "How to Contact" button (to the left), or e-mail us at unclaimed.property@state.vt.us. You may also call the Unclaimed Property Division at 802-828-2407, or toll-free in Vermont at 1-800-642-3191. Our staff would be happy to assist you.

Jeb Spaulding

Vermont State Treasurer

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