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Does State Owe You Money, Armonk? NY Has $15B In Unclaimed Funds

Video Credit: Thomas P. DiNapoli

Hudson Valley residents, businesses and organizations may have hidden, unclaimed money that they are unaware of, according to New York State Comptroller Thomas DiNapoli.

DeNapoli's office of unclaimed funds is in possession of more than $15 billion in “lost” money that could include forgotten savings accounts, lost paychecks or inactive stocks and bond accounts that banks and insurance companies have turned over to the state.

DiNapoli said that approximately $1 million in unclaimed funds are returned to New York residents daily. In 2017, more than $285 million has been returned. Those interested in seeing if they have any lost money to be claimed can do so by using the Comptroller's simple online search database.

“One of the best parts of my job is returning forgotten money to its rightful owners through my office of unclaimed funds,” DiNapoli said. “So if you’ve got lost money, why wait? Search for your lost money and get it back.” 

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