In more than 5 million owner accounts, the Missouri State Treasurer retains $1 billion in unclaimed Property for Missouri. Every year, the Treasurer’s Office receives millions of dollars in cash and the contents of safe deposit boxes from financial institutions, businesses, government agencies, and other organizations. After five years, if there has been no document exchange or contact with the owner, these entities must give over Unclaimed Property to the State Treasurer’s Office. Unclaimed Property affects one out of every ten Missouri residents, with an average return of $300.
Family treasures, jewelry, and other souvenirs are kept in safe deposit boxes. Military medals and insignia are the most valuable things retrieved from safe deposit boxes. The Treasurer and his colleagues are working to return these things to the heroes or their families who earned them. Treasurer.mo.gov/Military has information on the names and last known addresses of the safe deposit box owners where the medals and insignia were discovered.
Unclaimed PropertyProperty can be donated to one of Missouri’s 20 charitable organizations. In most circumstances, the procedure of donating Unclaimed Property can be accomplished entirely online.