BATON ROUGE, LA – The Louisiana Department of the Treasury returned nearly $400,000 in unclaimed money to thousands of New Orleans area residents at an Unclaimed Property Awareness Day this weekend at Lakeside Shopping Center in Metairie, according to State Treasurer John Kennedy.
“People are always surprised to find they have Unclaimed Property. We found $50,000 for one gentleman,” said Treasurer Kennedy. “More than $150 million was available to be claimed in the New Orleans area, and we returned around $394,000 of it.”
Since 1972, the Unclaimed Property program has returned more than $338 million to almost 570,000 Louisiana citizens. Treasurer Kennedy and Unclaimed Property employees travel to shopping malls and other venues to locate Unclaimed Property owners several times a year.
The average Unclaimed Property claim is $660. Unclaimed Property includes old savings and checking accounts, payroll checks, CDs, stocks and dividends, insurance proceeds, oil and gas royalty payments and utility payments. When a business cannot locate someone, usually because of a wrong address, the state receives the money for safekeeping.
“We get more money in every day. We’re constantly updating our database,” said Treasurer Kennedy. “If you missed us at the mall, take a minute to search online.”
Search online at www.LATreasury.comor call 1-888-925-4127.

Michelle Millhollon
(225) 342-0012