Ohio Department of Commerce/Division of Unclaimed Funds
The Division of Unclaimed Funds is part of the Ohio Department of Commerce and was created to protect Ohio citizens who have inactive accounts with financial institutions and other entities. The Division is responsible for the safekeeping and return of monies designated as "unclaimed". Each year, due to death, inadvertence or forgetfulness, more than 200,000 people and organizations lose track of monies, rights to monies, and intangible property in Ohio. Enacted in 1968 to protect people who lost track of their money, the unclaimed funds laws allow the division to ensure that holders report unclaimed funds.
Common sources of unclaimed funds include:
- dormant savings and checking accounts
- unpaid insurance policies
- underlying shares of stock
- unreturned rent and utility deposits
- forgotten layaway deposits
- credit memos
- unclaimed wages or commissions
- undelivered and uncashed stock dividends
- credit balances
- uncashed checks
- intangible contents of safe deposit boxes
Please click on the following link to go directly to the Ohio Department of Commerce/Division of Unclaimed Funds web site.