PA Treasury Returns More Than $20,000 in Unclaimed Property to Springettsbury Township

Pennsylvania Treasurer Stacy Garrity and Springettsbury Township Manager Mark Hodgkinson announced that more than $20,000 in unclaimed property has been returned to the York County township.

“I’m thrilled to return this money to Springettsbury Township,” Garrity said. “Many folks think unclaimed property only belongs to individuals, but it can also belong to businesses and even government agencies. I’m glad this money will be back where it belongs and will benefit the residents of the community. I encourage everyone to check our website to see if they, their family, their business, or organization has money waiting to be claimed.”

“I am thankful the township’s Deputy Director of Finance identified these unclaimed funds,” Hodgkinson said. “Once identified, Treasurer Garrity’s office worked quickly to ensure the township received payment.”

Springettsbury Township received $20,624.81 from 20 individual properties ranging in value from $15 to $11,148.79. The oldest property dates back to 1995, while some are from as recent as 2017. Properties returned included credit balances, uncashed checks, and other forms of unclaimed property. How the funds are spent will be determined by township officials.

“Our unclaimed property database includes more than 4,900 entries with the word ‘township’ in the name – worth more than $2.3 million,” Garrity said. “I look forward to working with other townships across the state to return unclaimed property. Because while I’m glad to safeguard these funds at Treasury, my real goal is to get it back where it belongs – in the hands of the rightful owners.”

Treasury is working to return more than $4 billion in unclaimed property owed to Pennsylvanians. Unclaimed property can include dormant bank accounts, uncashed checks, insurance policies, contents of forgotten safe deposit boxes and more. About one in ten Pennsylvanians is owed unclaimed property, and the average claim is worth nearly $1,500. State law requires businesses to report unclaimed property to Treasury after three years of dormancy.