MEDINA COUNTY, OHIO – Just in time for the holidays, 48 residents may have a little more spending money thanks to Treasurer John Burke’s Unclaimed Funds search. Two recent autumn events, the Fall Foliage Tour (Highland Library) and Senior Day at the Medina Community Rec Center, along with a visit to Miller’s Grocery Store in Lodi, yielded $6,884.33 in claims.
“That brings the total for 2016 to $193,663,” Treasurer Burke stated. “The second highest amount we’ve helped folks locate since we began keeping record in 1998.” Though large events like the county fair yield more claims, smaller events make up most of the total. “I also want to remind everyone that this service is available every day at our office in the County Administration Building,” he continued. “Over half of the funds collected this year ($99,120) were found for people who came into the office.”
Each year, 200,000 Ohioans lose track of some of their money, according to Ohio Treasurer Josh Mandel’s website, 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.
Residents should be careful of companies or individuals who offer to assist them in reclaiming their money for a percentage or fee. This is a common scam. The Treasurer’s Office performs the secure online search for free, providing the necessary forms for each claim so people can complete the process with the state and receive their funds.
There are no more unclaimed funds events planned for 2016. New events will be announced in the press and posted on this website as dates and venues become available.
For more information, call the Medina County Treasurer’s Office at 330.725.9748, stop by the office at 144 North Broadway in Medina or visit www.medinacountytreasurer.com.