Money Search - Massachusetts
Massachusetts Unclaimed Money
Department of the State Treasurer
Commonwealth of Massachusetts
Abandoned Property Division
One Ashburton Place, 12th Floor
Boston, MA 02108-1608
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Monday-Friday 8:45am to 5:00pm EST at
617-367-0400 or 1-888-344-MASS (toll free Massachusetts only)
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Money Unclaimed
TREASURER CAHILL ANNOUNCES PUBLICATION OF ABANDONED PROPERTY LISTINGS FOR MASSACHUSETTS
$36 million in new unclaimed property accounts
owed to individuals and businesses
BOSTON, March 1, 2007 – Congregation Beth David in Brighton, Red Sox favorite Kevin Youkilis and Samuel Bodman, the United States Secretary of Energy, can all claim abandoned property from the state, thanks to State Treasurer Tim Cahill, who today announced the publication of the Treasury’s Spring Abandoned Property listing. Cahill encouraged Massachusetts residents to check the 41,000 new names, businesses and organizations listed.
“Many people don’t know they have Abandoned Property,” said Treasurer Cahill. “I urge all businesses and individuals to check the list and visit our website at www.findmassmoney.com. The list includes all new names, so even if you’ve had abandoned property in the past, it’s worth checking again. Our goal is to return these funds to their rightful owners.”
Abandoned Property includes forgotten savings and checking accounts, uncashed checks, insurance policy proceeds, stocks, dividends and contents of abandoned safe deposit boxes. After three years of no customer-generated activity, most accounts are considered “abandoned” and are turned over to the Treasury. An updated list of “abandoned” accounts is published twice annually as new accounts are turned over to the Commonwealth. There is no time limit to claim abandoned property and, in many cases, claimants will receive interest.
The newly released list includes 21 accounts over $100,000, 49 accounts between $50,000 and $100,000, and a total of 1,526 accounts in excess of $5,000. In addition to bank accounts, the new accounts include 2,722 abandoned safe deposit boxes, 117 owners of mutual funds and 1,535 owners of stock.
Including the 41,000 newly released names, there are over four million accounts in the Abandoned Property database. Past accounts belong to recognizable individuals and organizations such as Mo Vaughn’s Hit Dog Training Center, Doug Mirabelli, Smart Route Systems, the estate of Johnnie Cochran, and the New York Yankees.
Since Treasurer Cahill took office, the Abandoned Property Division has returned over $190 million to rightful owners, with an average yearly increase of 19%. The Treasury has also employed cutting-edge technology to hold eBay auctions of unclaimed jewelry, coins and other items from safe deposit boxes, garnering over $330,000 for the state.
Beginning with the publication’s inclusion in the Boston Globe on Sunday, March 4, 2007, citizens will have the opportunity to identify any unclaimed funds. The insert will accompany the Boston Herald on Sunday, March 11, 2007, and regional newspapers over the following two weeks as follows:
Wednesday, March 21:
Berkshire Eagle
Brockton Enterprise
Fitchburg Sentinel & Enterprise
Malden Evening News
Metrowest Daily News
New Bedford Standard Times
Quincy Patriot Ledger
Taunton Daily Gazette
Woburn Daily Times
Thursday, March 22:
Lowell Sun
Nantucket Inquirer
Springfield Republican
Worcester Telegram & Gazette
Friday, March 23:
Attleboro Sun Chronicle
Cape Cod Times
Daily Hampshire Gazette
Fall River Herald News
Lawrence Eagle Tribune
Lynn Daily Item
Salem Evening News
Vineyard Gazette
To see if you have abandoned property, please click here or call 888-344-MASS. Both the call and website are free of charge. The Abandoned Property Division has extended telephone hours through mid April: Monday through Friday from 8:00 am to 8:00 pm, and Saturday from 9:00 am to 4:00 pm.
Prior to his election in 2002, Cahill served as Norfolk County Treasurer from 1997-2002, as a Quincy City Councilor from 1987-2003, and was a successful small business owner and the author of a book about local businessmen. He is a graduate of Boston University and a recipient of the 2007 Eisenhower Fellowship. Treasurer Cahill lives in Quincy with his wife, Tina, and their four daughters.
