Treasurer Stacy Garrity and Sen. Tim Kearney Announce Return of More Than $80,000 in Unclaimed Property to Three Delco Municipalities
Harrisburg, PA - Pennsylvania Treasurer Stacy Garrity and Senator Timothy Kearney (D-26) announced today that more than $80,000 in unclaimed property has been returned to Prospect Park Borough, Springfield Township, and Upper Darby Township in Delaware County.
“This is outstanding news, and I’m very pleased to return this money so that it can be used to benefit the hardworking residents in these municipalities. It was great working with Sen. Kearney to make this return possible. He and his team have been fantastic partners. Treasury works tirelessly to get unclaimed property back in the hands of not only private citizens and companies – but local governments, too. I encourage everyone to check our website to see if they, their family, or their business or organization, has money waiting to be claimed.”
Pennsylvania State Treasurer Stacy Garrity
“I'm thrilled that three municipalities within my district will have tens of thousands of dollars in unclaimed property returned to them. My office has worked persistently to facilitate this process, and we are proud to have played a role in returning these funds to our communities. We will continue to work with the Treasury Department and look for more opportunities to support our constituents in reclaiming what is rightfully theirs.”
Senator Timothy Kearney (D-26)
Here’s how the $81,312.26 being returned is divided among the three municipalities:
- Prospect Park – $13,567.89
- Springfield – $27,609.80
- Upper Darby – $40,134.57
Properties returned include funds from accounts payable checks, cashier’s checks, credit balances, refund/rebates, uncashed checks, and other forms of unclaimed property. Borough and township officials will decide how the funds are used.
Treasurer Garrity has returned more than $16.5 million to 75 local government agencies, including counties, municipalities and school districts, since taking office.
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.
Media contacts:
Samantha Heckel, Press Secretary (Treasury), 717-418-0206 or sheckel@patreasury.gov
Aigner Cleveland, Communications Director (Senator Kearney), 610-544-6120 or Aigner.Cleveland@pasenate.com