WEIRTON - In an effort to return money for unclaimed property to those throughout the state of West Virginia entitled to such funds, State Treasurer John Perdue returned more than $5,000 to the city on Wednesday.
According to Perdue, the West Virginia State Treasurer's Office is diligent in its efforts to return and recover unclaimed property to its rightful owner. He said his office is working hard to educate and communicate with small businesses and individuals alike about the importance of pursuing and recovering unclaimed property, such as bank accounts, matured insurance policies, stocks, bonds, safe deposit box contents, weapons and a variety of other items abandoned by their original owners.
Perdue has served as the custodian, as designated by state law, for 716,561 unclaimed property accounts that total more than $152 million in unclaimed funds. He has returned more than $100 million to West Virginia businesses and individuals.
CHECK PRESENTATION — State Treasurer John Perdue, right, presented Mayor George Kondik with a check for $5,210.12 in unclaimed property and uncashed checks on Wednesday. The State Treasurer’s office is encouraging anyone who may have unclaimed property to contact the office at (800) 642-8687.
"We've been checking state by state throughout the years to be able to turn over funds from unclaimed property," he said.
Perdue returned the funds to Mayor George Kondik and said he hopes the money can be used to help the city with projects.
He said it is important that anyone who might have unclaimed property contact the treasurer's office at (800) 642-8687.