The Pennsylvania Treasury Department

05/07/2024 | Press release | Distributed by Public on 05/07/2024 12:25

Treasurer Stacy Garrity Announces Return of More Than $30,000 in Unclaimed Property to City of Farrell

Farrell, PA - Pennsylvania Treasurer Stacy Garrity, Sen. Michele Brooks (R-50), Rep. Parke Wentling (R-37) and Farrell City Mayor Kimberly Doss announced today that more than $30,000 in unclaimed property has been returned to the City of Farrell in Mercer County. The money was originally identified during an unclaimed property clinic at Rep. Wentling's Shenango Valley district office.


"This money belongs to the people of Farrell, and I'm glad it's back in the right hands. Returning unclaimed property is one of the most important things I do as state Treasurer. Local communities all across our state are working with tight budgets, so every dollar matters. And I want every Pennsylvanian to know they might have unclaimed property waiting as well - just visit patreasury.gov/unclaimed-property to search for your name."


Pennsylvania State Treasurer Stacy Garrity

"The City of Farrell appreciates the work Treasurer Garrity and the State Treasurer's office conducted on our behalf to locate and return these funds. It's a nice reminder that those on the state level are looking out for our local interests."


Farrell City Mayor Kimberly Doss

The $32,256.35 returned to the City of Farrell includes 4 individual properties ranging in value from $5 to $29,763.49. The oldest property dates back to 2001, while the most recent is from 2020. Properties returned include funds from two accounts payable checks and two uncashed checks. City officials will decide how the funds are used.


"I am happy to have partnered with the Treasurer's office and to get Farrell's money back where it belongs. Folks can contact my offices in the Shenango Valley or Greenville to see if they may have any money waiting for them in the Treasury's vault."


Rep. Parke Wentling (R-37)

"I want to thank Treasurer Garrity for her steadfast commitment in returning unclaimed property to the lawful owners. At a time when the budgets of families and municipalities are stretched, every dollar is important and is needed."


Sen. Michele Brooks (R-50)

Treasurer Garrity has returned more than $16.5 million to 79 local government agencies, including counties and municipalities, since taking office. In the last fiscal year, ending June 30, 2023, Treasury returned the most unclaimed property ever in a single year - almost $274 million.


Treasury is working to return more than $4.5 billion in unclaimed property to its rightful owners. More than one in ten Pennsylvanians is owed unclaimed property, and the average claim is worth about $1,600.


Unclaimed property can include dormant bank accounts, uncashed checks, insurance policies, contents of forgotten safe deposit boxes and more. State law requires businesses to report unclaimed property to Treasury after three years of dormancy.


To learn more about unclaimed property or to search Treasury's database, visit patreasury.gov/unclaimed-property.