| FOR IMMEDIATE RELEASE JULY 14, 1998 |
Contact: Bill
Teets at (614) 644-7187 |
UNCLAIMED FUNDS TREASURE HUNT DISPLAY
TO PARTICIPATE IN COLUMBUS KROGER SENIOR EXPO
Donna Owens, director of the Ohio Department of Commerce, announced today that the departments Division of Unclaimed Funds will be setting up its Treasure Hunt display at the Kroger Senior Expo on Thursday and Friday, July 16-17. The "Treasure Hunt," which will be held at Veterans Memorial, 300 W. Broad St., Columbus, will be open on both days from 9 a.m. - 4:30 p.m. The "Treasure Hunt" display will be located in Booth #C302.
Our Treasure Hunt program gives thousands of Ohioans each year an opportunity to check their names for unclaimed funds, Director Owens said. Outreach efforts such as this helped the division return more than $21 million last fiscal year to current and former residents of Ohio.
The division currently holds 328,654 unclaimed funds accounts worth $32,186,890 for current or former residents of Franklin, Delaware, Licking, Fairfield, Pickaway, Madison and Union counties. Residents from any county can stop by the Treasure Hunt to find out immediately if any of these funds belong to them.
Common sources of unclaimed funds include: dormant checking and savings accounts, forgotten rent and utility deposits, uncashed checks, undelivered stock certificates, uncashed insurance policies, forgotten layaway deposits, and safe deposit box contents.
Individuals who would like to check their names for unclaimed funds and cannot visit the Senior Expo can check the Internet or write to the Division of Unclaimed Funds at 77 South High Street, 20th Floor, Columbus, OH 43266-0545. Individuals who write to the Division should provide the full name to be researched, along with the Ohio counties in which the person may have resided. Unclaimed Funds Chief Jessie Baker encourages current and former Ohio residents to visit the Department of Commerce's Internet site at www.com.state.oh.us to check if they have unclaimed funds waiting to be claimed.
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The Ohio Department of Commerces Division of Unclaimed Funds is responsible for the safekeeping and return of monies designated as unclaimed. Forgotten monies from about 200,000 people and organizations are turned over to the state each year as the result of death, forgetfulness, or inadvertence. Other Commerce divisions enforce regulations regarding building and fire codes, financial institutions, real estate, securities, liquor and various other licensed professions and industries.
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