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Oregon State Treasurer Read announced Treasury will be proactively returning approximately $10 million in unclaimed property this month to individuals as part of the agency’s 2024 ‘Checks Without Claims’ initiative

by Ted Wolfson
February 5, 2024
in Local News
Oregon State Treasurer Read announced Treasury will be proactively returning approximately $10 million in unclaimed property this month to individuals as part of the agency’s 2024 ‘Checks Without Claims’ initiative
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Astoria, OR – According to the state officials, through ‘Checks Without Claims’, Treasury will proactively disburse payments to verified owners of unclaimed property reported to the state’s Unclaimed Property Program in 2021 and 2022.

Payments, via check, will be mailed to individuals this month and accompanied by an additional confirmation letter from the Treasurer.

In 2023, Treasury’s Unclaimed Property Program conducted ‘Checks Without Claims’ and reconnected more than 18,000 individuals – from Oregon and 47 other states – with their unclaimed funds.

With over $1 billion in unclaimed funds currently held by the state, ‘Checks Without Claims’ is one of many efforts to reconnect more Oregonians with their unclaimed money and property.

Payments distributed through ‘Checks Without Claims’ represent unclaimed property reported to the state in 2021 and 2022 by various businesses and organizations that were unable to return funds to the rightful owner.

Common examples of unclaimed property include uncashed checks, forgotten bank accounts, tax refunds, credit balances, investment accounts, payroll checks, refunds, and more.

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