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State Releases Database Of Unclaimed Property And Savings Bonds

Håkan Dahlström / Flickr
 

Håkan Dahlström / Flickr

The State of California is trying to connect people with millions of dollars in unclaimed savings bonds.

The state's public database of unclaimed property was recently updated to include matured savings bonds and family heirlooms.

This new information was released in accordance with a law passed in 2015 that allows the state to publish information about property that was found in someone else's safe deposit box, California state controller Betty Yee says.

"We have identified around 75,000 U.S. savings bonds and a whole array of military awards that we would like to return," Yee says.

The savings bonds total about 32 million dollars

The Controller's Office has also settled disputes with most life insurance companies, compelling them to turn over unclaimed life insurance policies.

Those can also be found in the database.

 

Sally Schilling

Reporter

Sally Schilling is a Davis native and a graduate of the UC Berkeley Graduate School of Journalism. She has reported on redwood poachers robbing national forests in Humboldt County and the dangers of melting tropical glaciers in the Peruvian Andes.  Read Full Bio