The state treasurer is sitting on a pile of cash waiting on North Carolinians, including a bunch from Surry County, to claim it.
By law certain unclaimed accounts and properties are transferred to the state treasurer after a certain period of time, but it’s still available for the rightful owners. Across the state that money and property are worth in excess of $700 million, and more than $1.2 million belongs to Surry County residents and businesses.
The amounts are both large and small, ranging from one of more than $23,000 down to a low of $1.50. The state’s treasurer figures that one in every eight North Carolinians has a claim, and over the past year about $28 million was returned.
Unclaimed property consists of bank accounts, wages, utility deposits, insurance policy proceeds, stocks, bonds, and contents of safe deposit boxes that typically have been abandoned for one to five years. Interest from the funds is used to support scholarship programs at the state’s universities and community colleges.
Usually the holder loses track of the owner because of some mistake in the address, but you’d think some of these entities would be easy to find.
Surry County’s list includes both hospitals, local attorneys and doctors and even a local newspaper and radio station. The Surry County Landfill is owed close to $500.
All told, on Surry’s list are six owed more than $10,000, 17 more than $5,000 and 134 with accounts in excess of $1,000.
There are 6,140 separate accounts on Surry’s list, a copy of which can be seen here.
You can also go online to nccash.com and search out and make claims for abandoned funds from any county in the state.
Take a look. This could be your lucky day.