COLUMBIA, SC (WIS) - It's never too early to start saving for the holidays, South Carolina State Treasurer Curtis Loftis says.
On Monday, Loftis announces a new initiative for South Carolina residents to look into the state's unclaimed property program to get ahead on potential holiday expenses.
"We can all use a little extra money, especially around the holidays. Now is the perfect time to search the State Treasurer's website for an unclaimed property because valid claims received in September will be processed for payment in plenty of time for the holiday season," Loftis said. "And it allows me the opportunity to play Santa and return lost funds to South Carolinians."
The Treasurer's Office will share names on its Facebook page and feature videos about real people who have received unclaimed property.
The State Treasurer's Office has more than $550 million in unclaimed property available to give back to South Carolina citizens, businesses, and organizations. Examples of unclaimed property include:
- dormant bank accounts
- uncashed checks
- unclaimed insurance proceeds
- forgotten utility deposits
The Treasurer acts as custodian of these funds until they are claimed by their rightful owners.
Since 2011, Treasurer Loftis has returned more than $158 million in unclaimed property, more than all previous treasurers combined. You can click here to see if there is an unclaimed property for you or your family.