Show Me State Continues to Break Records for Owner Reunification
Missouri State Treasurer Clint Zweifel is no stranger to us at Escheatable (see here, here, and here for examples). In fact, Treasurer Zweifel was featured in our very first installment of Meet Your Escheator, a question an answer session with state unclaimed property officials (Ed. Note: stay tuned for the next intallment, coming soon!).
Generally, we have featured the Missouri Unclaimed Property Division for its concerted efforts to pay out unclaimed property. That’s not a typo.
In our recent interview with Treasurer Zweifel, he indicated that his priority was “returning as much property as I can as quickly as possible.” It appears that the Treasurer’s efforts are making an impact. According to the Associated Press, “returned a record $36 million of money and items to people during the 2011 fiscal year” an increase of 4% from last year (which was also a recordbreaking year).
While nearly all state unclaimed property offices work dilligently to bring in unclaimed funds, Missouri is one of a handful of states that seems to be putting as much thought and energy into paying out unclaimed funds to their rightful owners.