Does New York owe you money? Check the latest unclaimed funds database
New York is sitting on a pot of $16.5 billion in unclaimed funds. So you might want to check and see if any is yours.
The USA TODAY Network New York's updated database of unclaimed funds that are held by the state Comptroller's Office is at https://data.democratandchronicle.com/unclaimed-funds.
Facts and figures about the unclaimed funds:
- 41% of the money comes from old bank accounts. Financial institutions are required to send the money to the state once they sit dormant for years.
- With 40 million accounts, the Comptroller's Office said it returns more than $1.5 million a day.
- The largest returned? $5.2 million from a stock claim. The largest amount still unclaimed is approximately $8 million for an estate
- 70% of claims are less than $100.
How do I get my money?
Each year, the USA Today Network New York creates its own unclaimed funds database from the data provided by the Comptroller’s Office.
Type in a name and it will show any matches.
The USA TODAY Network's database will show you if you are owed as little as $3 since 1985. The state Comptroller's Office also has its own site, which shows money as little as $20.
There are then a few ways to claim your money:
- Visit the Comptroller's website at: https://www.osc.state.ny.us/unclaimed-funds
- Make a claim through the mail: The New York State Comptroller's Office of Unclaimed Funds, 110 State St., Albany, NY 12236.
- Call (800) 221-9311
“The process to claim your money is simple. It’s your money; we want to give it back to you," Comptroller Thomas DiNapoli said in a statement.
Other tips to know
- There is no fee to reclaim funds.
- More than 10 million searches are conducted annually.
- Interest on interest-bearing accounts is provided for five years, currently at 1%.
- Most claims can be processed online
- If the money isn't claimed after several years, it goes into the state's general fund to pay for programs and services.