Fact Check: Will Your Bank Notify You Before Your Account Is Escheated to the State? They’re Required To
Yes, banks are legally required to notify you before escheating your account to the state—but there's a critical catch.
Category Bank Accounts
Bank Accounts – news and information related to unclaimed money and property.
State-by-State Dormancy Periods: What Most Americans Don’t Know About When Their Accounts Become Unclaimed
Most Americans have no idea when their forgotten bank accounts, unclaimed paychecks, or old deposits legally transform into unclaimed property—and that's...
Lost Retirement Accounts: What Most Americans Don’t Know About Tracking Down Old 401(k)s
Most Americans don't realize that they likely know someone with a forgotten 401(k)—or have one themselves. The numbers are staggering: 31.
Dormancy Periods in 2026: When Your State Can Legally Take Custody of Your Bank Account
Your bank account can legally fall into state custody if you don't use it for a certain period.
At Least 55% of Unclaimed Money Comes From Dormant Bank Accounts and Uncashed Checks
Dormant bank accounts and uncashed checks represent a substantial portion of the nation's unclaimed money crisis, though the exact percentage varies by...
Dormant Bank Accounts in 2026: $3.2 Billion in Forgotten Checking and Savings Accounts
Billions of dollars sit unclaimed in American bank accounts right now—money that legally belongs to account holders but remains dormant and forgotten.