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Treasurer Cowell Returns over $1,100 in Unclaimed Property at Speed Street

May 23, 2013

For Immediate Release

Treasurer Returns Over $1,100 in Unclaimed Property at Speed Street
NBC Charlotte’s Larry Sprinkle and Victory Junction Camp Receive Checks

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CHARLOTTE -- State Treasurer Janet Cowell returned more than $1,100 in unclaimed property at the Food Lion Speed Street Festival today.  Cowell appeared live on NBC Charlotte’s morning show with a surprise check for weathercaster Larry Sprinkle, who had $190 worth of unclaimed property.

Later in the morning, Cowell presented a check to Victory Junction Camp, which is a year-round camping facility that serves children, ages 6 to 16, with chronic medical conditions or serious illnesses. NASCAR driver Kyle Petty founded the camp in memory of his son, Adam.

“This is the fun part of my job,” Cowell said. “I always enjoy returning unclaimed property to its rightful owners, but I enjoy it even more when I know that the funds are going to kids that are facing tough challenges.”

Kinsley Parsons of Victory Junction Camp accepted the check on its behalf and noted the money will go a long way in covering camper expenses.

NC Cash, the Department of State Treasurer’s Unclaimed Property program, has a booth at the Food Lion Speed Street Festival where attendees can search their names to see if cash is owed to them.

“We always enjoy participating in Race Week, which is one of our best opportunities to return money to North Carolina citizens,” Cowell said. “With one in eight residents having unclaimed cash, there is a good chance that money could be owed to you.”

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The Unclaimed Property Division of the N.C. Department of State Treasurer returned more than $50 million in unclaimed cash in 2012. 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 at www.nccash.com.


Photo: Bill the bill, Kinsley Parsons of Victory Junction Camp, and Treasurer Cowell