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Leave Money in SC? $400 Million Unclaimed

5:45 PM, Nov 18, 2013   |    comments
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Columbia, SC (WLTX) -- State Treasurer Curtis Loftis says the state has the most unclaimed money ever. Loftis says there's more than $400 million waiting for people to claim it.

If you want to check to see if any of that money belongs to you, click this link to the SC State Treasurer's Office. (http://1.usa.gov/k48enj)

The money is placed in the Palmetto Payback Program when companies cannot locate the owners. 

It ranges from abandoned bank accounts, stock certificates, and insurance policies, to utility deposits. 

Funds are moved to the unclaimed property account when there has not been activity in the account, usually after a 5 year period of inactivity.

 

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