Division of Unclaimed Funds Seeks to Return Funds to Ohio Townships

Division of Unclaimed Funds Seeks to Return Funds to Ohio Townships

The Ohio Department of Commerce’s Division of Unclaimed Funds is committed to returning taxpayer dollars and public funds to their proper source. This commitment is especially important during this time of tight local budgets.

Unclaimed (or abandoned) money and other assets not used for a length of time or whose rightful owner cannot be located are turned over to the Division of Unclaimed Funds. A bank account, rent or utility deposit, uncashed check, undelivered stock certificate, or uncashed insurance policy are some of the unclaimed funds that come to the Ohio Department of Commerce Division of Unclaimed Funds. If there is no activity in the account for a period of time and the company cannot reach the account owner, the funds are reported to the Division for safekeeping. The Division works diligently to track down the rightful owner and reunite that Ohioan with their hard-earned but forgotten money. As of June 30, Ohio’s unclaimed funds total $4.8 billion.

The Ohio Township Association searched “Township” and over 1,000 unclaimed properties appeared in the search. Is your township one of them? Visit the unclaimed funds website to see if your township has any unclaimed funds.