$19 Billion in Unclaimed Funds: Are You Missing Money in New York?

What if you had money sitting in a forgotten bank account, an uncashed check, or an old insurance claim?

For New Yorkers, this isn’t just a possibility—it’s a $19 billion reality.

According to the New York State Comptroller's Office, billions of dollars in unclaimed funds are waiting to be reunited with their rightful owners.

Here’s how you can check if any of this hidden treasure belongs to you—and how to claim it.

Where Does the $19 Billion Come From?

Unclaimed funds include money from sources like:

• Dormant bank accounts
• Uncashed checks
• Utility deposits
• Insurance claims
• Forgotten gift cards
• Other financial transactions

Some of these funds date back as far as the 1940s. The good news? This money doesn’t expire. Whether you’re the original owner or an heir, the state is legally obligated to return it to you.

How to Check for Unclaimed Funds

Finding out if you’re owed money is simple, fast, and free:

1. Visit the Official Website: Go to the New York State Comptroller's Unclaimed Funds Page.
2. Search for Your Name: Enter your name, organization, or even a relative’s name if you’re an heir.
3. Submit a Claim: If funds are found in your name, follow the steps to submit your claim.
   • Online Claims: You may need to upload documents to prove your ownership.
   • Mail-In Claims: Attach the required documents to your claim form before mailing it in.

The state reunites New Yorkers with $1.5 million every single day, so you could be next!

How to Prevent Your Funds From Going Unclaimed

Keep your finances organized to ensure your money never ends up unclaimed. Here are some tips:

• Keep accurate records of account numbers, usernames, and insurance policies.
• Always open mail from banks or financial institutions.
• Cash or deposit checks and use gift cards promptly.
• Notify your bank immediately when you move.
• If you change jobs, ensure your former employer has your updated address.

Don’t Leave Money on the Table

It’s time to take a few minutes and see if you’re one of the many New Yorkers with unclaimed funds.

You could have forgotten money waiting for you from years ago. 

It’s free, easy, and might just put money back in your pocket.

Take action now—you could be part of the next $1.5 million the state reunites with its residents.

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