Billions of dollars worth of unclaimed funds in Ohio; How to get whats rightfully yours WHIO TV 7 and WHIO Radio [Video]

OHIO — The State of Ohio is safeguarding approximately $4 billion in unclaimed funds, some of which may be yours, according to a spokesperson from the Ohio Department of Commerce Division of Unclaimed Funds.

Unclaimed funds are lost or forgotten money that banks and businesses report to the Division of Unclaimed Funds after accounts become inactive.

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In 2023, Ohioans reclaimed $139 million.

These funds can come from inactive checking and savings accounts, refund/credit balances, uncashed cashier’s checks, forgotten utility deposits, and more, the spokesperson said.

While unclaimed funds can be reclaimed in three steps, some common misconceptions have developed over time.

The Division has dispelled the following myths and hopes these clarifications will encourage more Ohioans to claim their funds:

How to secure unclaimed funds in three easy steps:

1. Search for Monday at unclaimedfunds.ohio.gov.
2. Gather the required support documents.
3. …