The happenings "inside" the Wisconsin State Treasury and across the street at the State Capitol

State Treasury Returning $1 Million per Week


I am pleased to announce that my office is continuing its strong efforts to return unclaimed assets to current and former Wisconsin residents. February ended with more than $4 million returned. The Unclaimed Property Unit of the Office of the State Treasury is averaging $1 million returned per week.

We have certainly seen an increase in claims as well as in the amounts that are being returned. Our outreach efforts are successful and we will continue to make sure people know we are holding their money and that we want to give it back.

February saw Claims Examiners return $4,386,840 on 2,872 claims. Combined with January’s numbers, $4,003,873 on 2,668 claims and the State Treasury has returned $8,390,713 on 5,540 claims in just 2 months. Last year, after 2 months, the office had returned $6,796,085 on 3,457 claims.

Since the first week of January, residents statewide have heard a radio commercial and are seeing a television commercial about unclaimed property urging them to search for their cash at www.wismissingmoney.com. On April 1st, the new names in the database will start appearing in newspapers across the state. The newspaper listings for each county will last April 1st through the end of June.

We have also teamed up with the Wisconsin Department of Veterans Affairs to locate veterans with unclaimed property, the Wisconsin Employee Trust Fund to locate beneficiaries and will move forward with plans to reunite state workers with their missing money.

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6 responses

  1. Pingback: Unclaimed Financial Assets Should Support Philanthropy « EAAG BLOG

    • The Wisconsin State Treasury sends $30 million from the interest accumulated in unclaimed assets to the Common School Fund of Wisconsin. We do this every year. That money is then disbursed among ALL Wisconsin Public School districts to purchase new books for the school libraries. So, we are being philanthropic. Thanks!

      March 8, 2012 at 9:08 AM

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