Malvern, PA —State Senator Carolyn Comitta, state Rep. Melissa Shusterman, and Pennsylvania Treasurer Stacy Garrity recently announced that more than $31,000 in unclaimed property has been returned to Willistown Township.
“We are thrilled to see these funds returned to the people and taxpayers of Willistown Township,” Sen. Comitta said. “Our office regularly works to identify local municipalities, school districts, nonprofits, and others who have unclaimed property and connect them with the Pennsylvania Treasury. I thank the Treasury and its staff for their work and encourage more people to check the online database to see if they are owed any unclaimed property.”
“Returning these funds to Willistown Township will significantly benefit our community,” Rep. Shusterman said. “These resources can enhance local services, support essential projects, and ultimately improve the quality of life for our residents. Additionally, the Treasury website has made returning unclaimed property more efficient, and I encourage organizations and residents of my district to contact my office for assistance in claiming any funds.”
“I’m pleased that we’re getting this money back to Willistown Township so it can be used to benefit township residents,” Treasurer Garrity said. “I appreciate working with Sen. Comitta and Rep. Shusterman to return these funds. At Treasury, we want to get unclaimed property back in the hands of the rightful owners – so I encourage everyone, including government agencies, businesses and nonprofits, to check our website regularly to see if any money is available for them to claim.”
The $31,652.08 returned to Willistown Township includes 11 individual properties ranging in value from $20 to $28,788.18. The oldest property dates back to 1998, while the most recent is from 2020. Properties returned include funds from accounts payable checks, a dividend check, escrow accounts, a matured life policy fund, and an unclaimed check/official check. How the funds are spent will be determined by township officials.
Treasurer Garrity has returned more than $17.7 million to nearly 100 local government agencies, including counties and municipalities.
Treasury is working to return more than $4.5 billion in unclaimed property to its rightful owners, including more than $126 million owed to Chester County residents. More than one in ten Pennsylvanians is owed unclaimed property, and the average claim is worth about $1,600.
Unclaimed property can include dormant bank accounts, uncashed checks, insurance policies, contents of forgotten safe deposit boxes and more. State law requires businesses to report unclaimed property to Treasury after three years of dormancy.
Treasury keeps tangible unclaimed property for at least three years before it is auctioned. Auction proceeds are kept in perpetuity for owners to claim. Military decorations and memorabilia are never auctioned.
To learn more about unclaimed property or to search Treasury’s database to see if any money is available for you to claim, visit patreasury.gov/unclaimed-property.