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Nebraska State Treasurer Don Stenberg is traveling across Nebraska this week to deliver unclaimed property checks to Nebraskans and to encourage Nebraskans to search for lost money anytime at the Treasurer’s website, www.treasurer.org.
At a news conference today in Scottsbluff, Treasurer Stenberg delivered a check for $92.17 to Gering Mayor Ed Mayo for the City of Gering. The Treasurer also delivered a check for $226.61 to the Scottsbluff Rural Fire Department. Fire Chief Fred Wood accepted the check on behalf of the department. He said the money would go for training and recruitment.
“Returning unclaimed property to rightful owners is one of my favorite duties as the State Treasurer. The task is rewarding regardless of the sum of money involved, all the way from the check for more than $63,000 that I plan to deliver Friday in Holdrege to the checks for less than $100 that we return every day to people all across Nebraska,” Stenberg said.
So far in 2013, the Treasurer’s Office has returned more than $6.2 million to rightful owners. That represents a total of more than 11,000 claims. The average size claim currently is $558.
“On my drive from Lincoln to Scottsbluff yesterday, I delivered several unclaimed property checks. I delivered a check for $90 to the North Platte Chamber of Commerce and a $25 check to the North Platte Telegraph. And along the way, I delivered one of the larger amounts we have approved lately— more than $27,000 to a man in Bridgeport. That money came from dividends, refunds, equity payments, outstanding checks, and redeemed stock,” Stenberg said.
Two weeks ago, Stenberg delivered a check for $7,320 to Good Samaritan Hospital in Kearney and spent time at the Treasurer’s Unclaimed Property booth at the Buffalo County Fair.
The Treasurer also planned to help staff the Unclaimed Property booth Thursday in the Event Center at the Scotts Bluff County Fair in Mitchell. Fairgoers are encouraged to stop by the booth to search records and consult with Unclaimed Property specialists for help filing claims from 10 a.m. to 10 p.m. Thursday, Friday, and Saturday.
Treasurer Stenberg suggested residents and businesses check regularly for money owed to them. He said the Unclaimed Property Division database includes more than $125 million worth of property for more than 350,000 Nebraskans, former Nebraskans, and heirs. New properties are continually added, he said.
“Nebraskans have a one in five chance of finding property that belongs to them,” he said. “Given those statistics, an important part of our work is outreach, making sure Nebraskans know about the state’s unclaimed property program and how to search for property for themselves, their friends and relatives, and their businesses and organizations,” he said.
“Events like today’s news conference are ideal opportunities for us to make our program better known. And outreach activities like our booth at the Scotts Bluff County Fair this week allow my staff to make personal contact with Nebraskans, to help them search our records, to answer their questions, and to provide information about how to file claims, all at no charge,” Stenberg said. “The search is well worth the time and effort. Many people are surprised at what they find and are grateful for the service.”
One of the largest current holdings amounts to more than $437,000 in money and stock. Another is for more than $227,000 in insurance death benefits. Other large individual amounts currently in the Treasurer’s unclaimed property database are a $154,681 court deposit; a $99,545 vendor check; an $89,806 checking account; an $85,407 checking account; an $81,316 matured certificate of deposit; an $80,206 insurance death benefit, and $76,737 in royalties.
The largest amount currently being held for a single owner in Scotts Bluff County is $16,000.
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