Log in to WRAL.com with one click using your favorite social network:
OR
Log in using your WRAL.com account:



Wrong email/password combination.

Forgot password?

Register with WRAL.com using your favorite social network:
OR
Register for a WRAL.com account using our web form.

7:27 a.m. • 5-22-13

Weather Forecast for Raleigh

  • Today: Thunderstorm.
    • Hi: 86° F
  • Thu: Thunderstorm.
    • Hi: 83° F
  • Fri: Partly Cloudy.
    • Hi: 76° F

Other Locations

> 7 Day Forecast

Doppler Image

Published: 2011-02-17 18:00:00
Updated: 2011-02-17 19:43:33

State agencies have unclaimed money


money, cash in hand
money, cash in hand
print friendly

While most money on the North Carolina State Treasurer's unclaimed property list belongs to citizens, tens of thousands belongs to state agencies.

The North Carolina Department of Revenue has nearly $71,000 in unclaimed cash. North Carolina State University has nearly $20,000 ready to claim, and the University of North Carolina at Chapel Hill has more than $15,500 in missing money.

State Treasurer Janet Cowell wasn’t available Thursday for comment, but spokeswoman Heather Strickland told WRAL News that, once a year, the state Controller's Office claims money for all state agencies that's been sitting unclaimed for more than a year.

However, the claims process isn’t always simple.

“It's almost like putting a puzzle piece together. Seeing what the numbers are. Seeing what the different accounts are and kind of piecing that all together,” said Beth Stevenson, a spokeswoman for the state Department of Revenue.

Stevenson said a lot of her department’s unclaimed money is checks or money orders they were never received for a variety of reasons. She said banks often lump together several customer payments, which complicates the claim process.

“We're doing everything we can to identify and collect that money that is due to us,” Stevenson said.

As for other agencies, the Department of Transportation said it checks yearly, and North Carolina's Child Support Office said it gets "sporadic" notices from the treasurer's office.

The Department of Insurance said most of its unclaimed cash really belongs to individuals but said employees still check with the office regularly.

N.C. State tries to find its missing money more than any other public entity WRAL News talked with. The school claimed nearly $22,000 in the last two and a half years. The university filed its latest claim three months ago but hasn’t received the money yet.

The treasurer’s website allows anyone to sign up for e-mail alerts to let them know if they have unclaimed cash.


9 Comments


WRAL.com welcomes your comments on this story. All comments are moderated prior to publication based on our posting guidelines. Please review them prior to posting and if your message is not approved.

View Comments VIEW ALL 9 COMMENTS

This story is closed for comments. Comments on WRAL.com news stories are accepted and moderated between the hours of 8 a.m. and 8 p.m. Monday through Friday.

Latest Comments
Thaks dollars! My name was listed twice!

If the Department of Revenue knows what money is owed to what agency, why don't they just give it to them. Why cost the agency more $ and paperwork to claim it. Maybe I just see things to plain and simple!

Everyone should check www.nccash.com. Type in your name to see if the State is holding your money. While you are at it, type in your parents and grandparent's names...even if they are deceased. My grandfather's name showed up on the list 30 years after he died. His heirs were allowed to get the money. A person has a greater chance of being on the list if they have had more than one (1) address in NC or they are deceased. Good luck!!

Yes, and last year it was my $40,000 that was our savings in RBC Bank, that was just there as our rainy day fund and had had no activity on it for three years. By NC law RBC "had to" turn that money over to the state, and we did not even know it, until Monica Laliberte notified us. Sneaky little law in NC. If you have a bank account, CD, or Bonds that have had no activity, please check with your bank and have their status set to "active" - or the 'free money for us' folks will take it.

Thanks WRAL, My name was on the list for unclaimed cash.

View Comments VIEW ALL 9 COMMENTS