A life insurance policy that family didn’t know existed or forgot about. A bank account from a person who died suddenly or didn’t have his or her affairs in order. Bail money that wasn’t claimed after the person returned to court.
New York state is trying to return $17 billion to the rightful owners.
State Assemblyman Demond Meeks along with state comptroller Thomas DiNapoli will be helping residents find out if they have one of the more than 44 million languishing accounts.
The event is scheduled from 2 to 4 p.m. June 29 at the Boys & Girls Club of Rochester, 500 Genesee St. There is no charge to look up whether you have money coming to you or to reclaim funds from the state.
“Just recognizing that it’s really trying times and anything that will account for a leg up of sorts, that will assist people, we’re in support of that,” Meeks said. “If a person knew there was money out there that belonged to them, they would definitely want to take advantage of it.”
In Monroe County, more than 243,000 accounts have more than $108 million, according to the comptroller’s office.
Staffers from the comptroller’s office will be available to help residents navigate the website, www.osc.state.ny.us/unclaimed-funds.
Residents also can call 1 (800) 221-9311. So far this year, more than $200 million has been returned.
Representatives of the Boys & Girls Club, Catholic Family Center of Rochester, Asbury United Methodist Church and Center for Youth are expected to attend and claim funds that were due to them.
Meeks said there was one claim in the state for $8 million, but most claims are for less than $100. Still, that’s extra money for groceries and gas.
Meeks said he was not aware of the comptroller visiting Rochester to promote unclaimed funds in several years. He said he’d like to make this a regular event and pair it with financial literacy by working with trade unions and other organizations.