Treasury Has Over $218 Million in Hidden Treasures, Some of It May Be Yours

BATON ROUGE, LA – The state has over $218 million in its unclaimed property account, and New Orleans residents can see if some of this money belongs to them on Saturday, June 21, at St. Claude Community Center. The State Treasury is hosting an Unclaimed Property Awareness Day at the center from 11 a.m. to 3 p.m.

We usually host unclaimed property events at shopping malls, because they are a great way for us to reach a large crowd of people and return a sizable amount of money to citizens who never knew they had it, said State Treasurer John Kennedy. These events have become so popular, however, that we’ve branched out to community centers and conventions. In fact, at last years Unclaimed Property Awareness Day at St. Claude Community Center, we returned more than $40,000.

The Treasury’s unclaimed property database has information on 500,000 people who are entitled to more than $218 million. Treasurer Kennedy and department representatives will be at the event to help anyone who finds unclaimed property to file a claim for the money on the spot. This is a free service.

Government requires us to pay our taxes promptly and in the correct amount, said Treasurer Kennedy. Shouldn’t government be held to the same standard when it has your money?

St. Claude Community Center is located at 5707 St. Claude Ave. in New Orleans. Residents planning to search for lost money at the Unclaimed Property Awareness Day should bring a drivers license and some other form of identification like a social security card. Those who are unable to make it on Saturday can search for unclaimed property online at Citizens can also call the Unclaimed Property Division toll-free (nationwide) at 1-888-925-4127 (weekdays 8:00 a.m. to 4:30 p.m.).

Sarah Mulhearn
(225) 342-0012