State Treasurer’s Office Pays out More than 1/2 Million Dollars in ONE Day!
91 People and Businesses receive checks from Unclaimed Property
(MADISON) State Treasurer Kurt Schuller is pleased to announce, his staff in the Unclaimed Property unit will pay out $547,194 TODAY!
“This is the greatest news to share,” State Treasurer Kurt Schuller said. “It is always nice to hand over a check to its rightful owner or heir, but 91 in a day totaling more than half a million dollars is downright delightful!”
The largest checks sent to Wisconsinites are going to two business people in the Milwaukee area for $15,000 and $111,000.
Schuller says he is impressed with how many claims his small staff daily processes meeting the statutory requirements of a 90-day processing timeline.
“I have 4 people processing claims and they work hard,” Schuller said. “These are by the way, the positions I’m trying to make permanent but received some resistance in the past few weeks. I need these empoyees here so we can keep cranking out this kind of money for people!”
There is more than $400 million dollars in unclaimed assets held by the State Treasury. This money comes from forgotten paychecks, insurance premium overpayments, utility deposits, forgotten bank accounts, forgotten stocks, abandoned safe deposit boxes and many other forms of assets that have been lost, forgotten about or that people did not even know they had! There are more than 2 million “properties” held by the Office of State Treasurer. You can search for missing money 24/7 online at www.wismissingmoney.com or call 855-375-CASH (2274)
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