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.


37° 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

Pierre Woman Wins On In-Flight Game Show

10/17/2014 12:10 PM

A South Dakotan is a winner on the Allegiant Airlines' first in-flight game show called "The Game Plane."  The reality show is film...

Full Story
Minimum Wage In South Dakota

10/13/2014 6:12 PM

An initiated measure on the South Dakota ballot this November proposes to raise the state's minimum wage from $7.25 per hour to $8.50.  Suppo...

Full Story | Watch
Pop-Up Holiday Shop Coming to Downtown Sioux Falls

10/15/2014 11:45 AM

Unglued: Christmas Market, will open in the space formerly occupied by the Book Shop in the Carpenter Building on Phillips Avenue from Nov. 20 through...

Full Story
Ebola Scams Surface

10/17/2014 2:15 PM

It was only a matter of time before scammers started capitalizing on the Ebola scare.  The Better Business Bureau is warning consumers about a va...

Full Story
Lumber Hunt

10/16/2014 10:05 PM

Connor Burtis is holding a treasure hunt with the ultimate prize: A handcrafted piece of furniture.

Full Story | Watch


Events