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Unclaimed property returned to Blair County employers

Unclaimed property is being returned to area employers, according to Pennsylvania Treasurer Stacy Garrity, who announced that the property includes more than $55,000 to Penn Highlands, more than $24,000 to First Commonwealth Bank and more than $14,000 to the City of Altoona.

The Treasury’s outreach at the Blair County CareerLink’s Spring Job Fair held at the Jaffa Shrine Center in Altoona helped local businesses and organizations check for unclaimed property, Garrity said.

“Employers at the job fair were hoping to find new, valuable employees, but Treasury was able to provide them with a little financial boost too by returning this unclaimed property,” she said.

The outreach resulted in $161,105 being found for 17 employers including:

— Penn Highlands – $55,722.95

— Conemaugh Health – $27,268.01

— First Commonwealth Bank – $24,538.96

— City of Altoona – $14,645.19

— Skills of Central PA – $8,380.00

— Altoona Area School District – $5,352.02

— Spectrum Control – $5,016.49

— Lampire Biological – $4,861.89

— Estes Express – $4,313.01

— UPMC Altoona – $3,069.40

— Cove Forge Behavioral Health – $2,365.12

— Saint Francis University – $2,238.20

— New Pig – $1,254.91

— Leonard S. Fiore – $704.99

— Spring Cove School District – $691.77

— Champion Homes – $379.48

— Burgmeiers Hauling – $302.65

“I would highly encourage more employers to check for unclaimed property with PA Treasury,” said Joe Razo, CWDP, PA CareerLink Program Supervisor Blair County. “Having PA Treasury onsite to provide the unclaimed property component was highly valuable. This is something employers should be aware of and take advantage of as part of their regular business operations, not just during events.”

Unclaimed property can include things like 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.

More than one in ten Pennsylvanians are owed unclaimed property, and the average claim is worth over $1,000.

To search for unclaimed property, visit patreasury.gov/unclaimed-property.

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