FOR IMMEDIATE RELEASE
TREASURER COWELL RETURNS UNCLAIMED CASH AT STATE FAIR
Presents Check to American Red Cross
RALEIGH – State Treasurer Janet Cowell made an appearance
at the NC Cash booth at the State Fair today, assisting state fairgoers in
finding their share of more than $350 million in unclaimed property that may
belong to them.
During her visit, Treasurer Cowell presented a check for
$9,738.33 to the National American Red Cross. Accepting the check was Barry
Porter, Regional Chief Executive Officer of Eastern North Carolina of the
National American Red Cross, which provides emergency assistance, disaster
relief and education inside the United States.
“North Carolina’s State Fair is an experience I look
forward to each year,” Cowell said. “Our presence helps reunite citizens with
their unclaimed cash and I’m pleased that we returned funds to help the Red
Cross provide emergency assistance.”
Since the start of the fair, over $130,000 has been
claimed. In 2013, the Unclaimed Property team conducted 12,536 lookups and
found $479,878.88 in unclaimed property for fairgoers. The booth is located in
the Kerr Scott Building.
The Unclaimed Property Division of the N.C. Department of
State Treasurer returned more than $50 million in unclaimed cash in 2013.
Unclaimed property consists of bank accounts, wages, utility deposits, stocks,
bonds and other property types that have been abandoned due to a loss of
communication or oversight. North Carolinians can search for unclaimed property
Photo: North Carolina Treasurer Janet Cowell
presents check to Barry Porter, Regional Chief Executive Officer of Eastern
North Carolina of the National American Red Cross.
Download high-resolution photo