$2.1 million returned in unclaimed property to Kansas City resident
JEFFERSON CITY, Mo. (Release from Fitzpatrick’s Office) – Missouri State Treasurer Scott Fitzpatrick today announced that his Office has returned an Unclaimed Property claim valued at over $2.1 million to a Kansas City resident. The claim represents over 321 accounts totaling $2,154,676.97 in cash and securities.
“Returning Unclaimed Property—both large and small amounts—to rightful owners remains a top priority for my Office,” Treasurer Fitzpatrick said. “As the pandemic continues to impact Missourians, the Unclaimed Property Division continues working to process claims quickly and help reunite Missourians with their much-needed money. I am proud of the record-breaking work they are doing and I hope that Missourians across the state will search the database and claim what is rightfully theirs.”
Last week, Treasurer Fitzpatrick announced a new collaboration with the Missouri Department of Labor and Industrial Relations Division of Employment Security that matches the Unclaimed Property Database against the list of Missourians who have applied for unemployment benefits. This innovative cross-departmental effort has already returned $283,992 to 2,697 Missourians. In 2019, Treasurer Fitzpatrick worked with the Department of Social Services to launch an automated system that matches Unclaimed Property with past-due child support. This new system has returned more than $3 million in past-due child support payments to Missouri families.
1 in 10 Missourians has Unclaimed Property and the average return is $300. Missourians can search and claim online at ShowMeMoney.com. The Treasurer’s Office does not charge to return unclaimed property.
Since taking office in 2019, Treasurer Fitzpatrick has broken three Unclaimed Property records, returning the first $1 million of his administration in less than 10 days, returning over $45 million in one fiscal year, and returning Unclaimed Property to more Missourians in one year than any prior treasurer.