Senator Farley Advises Constituents to Check With Comptroller's Unclaimed Funds Website

Hugh T. Farley

October 06, 2012

New York State currently has over $12 billion in unclaimed funds, said State Senator Hugh T. Farley (R, C, I - Schenectady).

Banks, insurance companies, utilities and many other businesses with funds that have been dormant or forgotten must turn those funds over to the State Comptroller's Office, which acts as a custodian until the funds are returned to their rightful owner, reported Senator Farley.

Types of unclaimed funds include savings and checking accounts, uncashed checks, utility deposits and mortgage insurance refunds.

To see if you have any unclaimed funds, visit website