The Unclaimed Property Division (UPD) of the Department of State Treasurer (DST) announced this week that it had exceeded 100,000 claims paid amounting to more than $60 million so far this fiscal year. UPD is part of DST led by State Treasurer Dale R. Folwell, CPA. The milestone, achieved in early May, exceeded the division’s highest claims paid within any fiscal year in the program’s history.
Topics Related to UPD Press Release
Legislation championed by State Treasurer Dale R. Folwell, CPA, is making it easier for people to retrieve their missing money that the Department of State Treasurer (DST) has been safeguarding.
The Department of State Treasurer (DST) has successfully answered the million-dollar question of whether there is a quicker way to distribute some of the unclaimed property in its vaults, and more than 15,000 people are richer for it.
State Treasurer Dale R. Folwell, CPA, announced DST’s Unclaimed Property Division (UPD) has sent out $1,084,045 to 15,816 recipients through a new initiative called NCCash Match. The program is designed to eliminate paperwork and speed up the process to return unclaimed money in DST’s possession to its rightful owners.
State Treasurer Dale R. Folwell, CPA, delivered a check to Brunswick County Manager Randell Woodruff on Friday, Dec. 18, as part of his ongoing focus to return money held by the state to its rightful owners.
“At the Department of State Treasurer (DST) we are in the check delivery business,” Treasurer Folwell said. “Today is one more example of how we are aggressively assisting businesses, charitable organizations, individuals and even government agencies reclaim money that is due to them even though they might not be aware of it.”
The show will go on at North Carolina’s officially designated community theater, with a little help from State Treasurer Dale R. Folwell, CPA, and the Department of State Treasurer’s (DST) Unclaimed Property Division (UPD).
The Thalian Association Community Theatre, which traces its rich artistic roots back nearly two and a half centuries but has been financially affected this year by the COVID-19 pandemic, was presented with a $3,000 check by Treasurer Folwell on Thursday, Dec. 17.
The Department of State Treasurer (DST) and Carolina Panthers executed a winning handoff to help a Charlotte-based charity brighten the holidays for dozens of women and children in its multi-county service area.
It’s your money, and State Treasurer Dale R. Folwell, CPA, is eager to put it back in the hands and wallets of its rightful owners. A new Department of State Treasurer (DST) initiative will dramatically boost the Unclaimed Property Division’s (UPD) ability to speed up the return of millions of dollars in coming months through a free, streamlined process.
At the North Carolina State Fair today, State Treasurer Dale R. Folwell, CPA presented Habitat for Humanity of North Carolina with a check totaling $16,444.71 from the state's unclaimed property fund. The money was owed to Habitat for Humanity's Pamlico County affiliate, which is recovering from a fire at the same time it is helping victims of Hurricane Florence.