MEDINA COUNTY, OHIO – County Treasurer John Burke’s Unclaimed Funds search at the Medina County Fair started off strong when over $12,000 was located for one lucky resident on opening day. Wednesday was also a blue-ribbon day when the Treasurer’s staff helped another fairgoer find over $11,000. “I’m sure that money will be much appreciated by both residents,” said Burke. “It’s always fun when we “hit the jackpot” for someone.”
Each year, Medina County Treasurer John Burke and his staff provide fairgoers assistance with a free and secure online search for their share of the over $7 million in Unclaimed Funds being held by the State for Medina County residents. This year, the filing process was begun for 172 potential claims – a fair-week total of $54,849.55.
“It wasn’t as much as last year’s near-record $73,139.43,” said Treasurer Burke. “but we were able to find claims of $1,000 or more for twelve persons who stopped by our booth, and quite a few over $100.”
According to Ohio Treasurer Josh Mandel’s website, each year 200,000 Ohioans lose track of some of their money, which eventually ends up with The Ohio Department of Commerce, Division of Unclaimed Funds. Most of these funds are monies that have been inactive for at least five years from savings, checking accounts, utility deposits, stock dividends and safe deposit contents. “Check every year or two to see if anything new appears in your name,” suggests Treasurer Burke, whose staff has located $1,684,054.40 in claims since 1998.
Residents should be careful of companies or individuals that contact them about having unclaimed funds and offer to assist them in reclaiming the money for a percentage or fee. This is a common scam. The Treasurer’s Office will research it and assist residents for free or they can do it themselves.
“I urge folks to stop by our Unclaimed Funds table when they see us out in the community so that we can run this free and secure online search,” recommends Treasurer Burke. For more information and assistance, call the Medina County Treasurer’s Office at 330.725.9748 or learn more online at medinacountytreasurer.com