Politics & Government
$186,000 In Unclaimed Property Returned In Limerick Township
The state said they've returned a massive amount of funds to local residents.
LIMERICK TOWNSHIP, PA — More than $186,000 has been returned by the state to residents of Limerick Township, officials said.
The "unclaimed property" that was in the heads of the Pennsylvania Treasury includes dormant bank accounts, uncashed checks, insurance policies, contents of forgotten safe deposit boxes, and more
"We are committed to helping individuals, businesses and government entities across the Commonwealth recover funds that belong to them,” Treasurer Stacy Garrity said in a statement.
Find out what's happening in Limerick-Royersford-Spring Cityfor free with the latest updates from Patch.
State law requires businesses to report unclaimed property after three years of dormancy.
Garrity says that more than one in ten Pennsylvanians is owed unclaimed property. Average claims are more than $1,000.
Find out what's happening in Limerick-Royersford-Spring Cityfor free with the latest updates from Patch.
The funds returned in Limerick include a checking account dating to 2021.
More than $20 million has been returned by the state to 117 local governments, including counties and municipalities, in the last five years.
To search the Treasury's database or to learn more about unclaimed property, see online here.
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