Includes $50,000 to Couple Celebrating 50th Anniversary

BATON ROUGE, LA – State Treasurer John Kennedy announced that after one month of the State Treasury operating the state’s Unclaimed Property Division, more than $100,000 has been returned to people in Louisiana, including $50,000 refunded to an Alexandria couple on their 50th wedding anniversary.

The Unclaimed Property Division was transferred to the Department of the State Treasury on July 1, 2000, in accordance with legislation approved during the state’s first 2000 Special Session.

For some of the recipients, this money is a nice lagniappe discovery. But for others, this is money they need to pay bills and meet obligations. It is important that we return this money to its rightful owners as quickly as possible, said Kennedy.

The Alexandria couple who received $50,000 in time for their 50th anniversary said the money had been deposited in a local bank, but was transferred to the state’s Unclaimed Property Division after an error in bookkeeping. Their account had remained dormant for some time, and the bank mistakenly closed the account.

The exact amount refunded by the State Treasury to date is $106,168.76. Kennedy said the average claim was between $200 and $300.

Kennedy said another 450 claims have been processed by the division, and he anticipates the checks for those claims to be issued within the week.

Contact:
Delia Taylor, Communications Director
(225) 342-0010