User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


21° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Check SD Unclaimed Property Fund For Your Name

November 12, 2013, 10:00 PM by Angela Kennecke

Check SD Unclaimed Property Fund For Your Name
SIOUX FALLS, SD -

The money's been piling up since the 1980s and some of it could be yours.  The state of South Dakota's unclaimed property fund is now at $230 million.  Finding out if you have a check coming to you is just a few clicks away. 

South Dakota Treasurer Rich Sattgast wants to give you some money.  You could be among the thousands of people who never received a check or deposit back and now the state is waiting for you to claim it.

"It's about one in four people in South Dakota that have property owed to them," Sattgast said.

The average amount of the 300,000 unclaimed funds out there is $50.  If your name is on it, all you need is a government ID and proof of your Social Security number.  The money comes from many sources: old accounts, checks that didn't get delivered, stock dividends and even abandoned safety deposit boxes.

"If you've moved, you may have had an overpayment in your utility payment and they weren't able to find you," Sattgast said. 

Sattgast says just about anybody can be on the list.

"As a matter of fact, if you type in my last name you will find that my father, who passed away three years ago, this last time there was a dividend check that was remitted to the state under his name (for) $30," Sattgast said.

There are five unclaimed properties worth over $100,000.  Now the state won't contact you if you're on the unclaimed property list.  But the website is simple to use and there's even a mobile app you can download to make a claim. 

The state's unclaimed property fund is the largest it’s ever been because of a record $125 million in unclaimed funds from big banks that have consolidated some of their operations here, like Citibank and Wells Fargo.  $2 million to $3 million of that will go out-of-state, but some of it doesn't even have names associated with it and can be used by the state government.

Previous Story

Next Story


Comments







 
Find Local Businesses on KELO Pages!

View business

You may also like

Sioux Falls Nail Salon Shut Down By SD Cosmetology Commission

10/30/2014 11:00 AM

The South Dakota Cosmetology Commission has shut down #1 Nails Salon in Sioux Falls.  The commission revoked the license of owner Ngoc Lan T...

Full Story
Nail Salon's License Revoked

10/30/2014 6:07 PM

Bribery attempts and safety and sanitary violations have put a Sioux Falls nail salon owner out of business.

Full Story | Watch
SD Unclaimed Property Fund Up To $65 Million

10/30/2014 1:45 PM

South Dakota's unclaimed property fund is now up to $65 million.

Full Story
Sioux Falls To Get Second Five Guys Location

10/29/2014 11:45 AM

Five Guys Burgers and Fries will open up a second location in Sioux Falls in the former Extreme Automotive building at 49th Street and Louise Avenue.

Full Story
Three Sushi Restaurants Back Open

10/27/2014 11:10 AM

The three sushi restaurants that closed last week in Sioux Falls were back open for business over the weekend.

Full Story


Events