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La. has nearly $900 million in unclaimed property - How you can find out if some of it is yours

The state will have an unclaimed property event at Lakeside Shopping Center this weekend. You can also go online to see if some of that money is yours.
Credit: Ingram Publishing
Photo: Thinkstock

METAIRIE, La. — Louisiana has almost $900 million in unclaimed money and property for some of its current and former residents and they would like to see it get back into your hands.

You can check online at any time to see if you have unclaimed property - most of which results from some agency or entity being unable to locate someone after they change addresses.

Click for Louisiana Treasury unclaimed property search tool

For those who need help, State Treasurer John M. Schroder announced that the Department of the Treasury will hold an event at Lakeside Shopping Center this coming Saturday, June 19, from 10 am to 3 p.m.

“We have more than $900 million in Unclaimed Property just waiting to be claimed. The chances are pretty good that you have money in the Louisiana Treasury,” said Treasurer Schroder. “It’s absolutely free to claim this money. Stop by the mall and see if you have Unclaimed Property. This is your money. Claim it!” 

According to Schroder, one in six Louisiana residents has unclaimed property, with an average value to $900.

A quick search on the unclaimed property web site showed many of the items are under $50 or $25, but some people have more than one claim.

A news release from the Louisiana Department of the Treasury stated:  Each year businesses turn over millions of dollars in unclaimed cash, stocks, bonds, securities, and insurance proceeds to the State Treasurer's Office. Known as "Unclaimed Property," these funds include payroll checks, old bank accounts, royalties, utility deposits, interest payments, stock certificates and life insurance proceeds. 

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