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Fact Sheet on Unclaimed Property
|
Total Unclaimed Funds in Maine (1979-2011) |
$172.8 million as of 06/30/11 |
|
Total Number of Accounts Available |
More than 903,000 |
|
Cash Received FY11 (7/1/10-6/30/11) |
$23.9 million |
|
Claims Paid FY11 (7/1/10-6/30/11) |
19,200 Claims, $12.5 million (52 % of funds received) |
|
Average Claim Amount |
$650.01 |
|
Largest Personal Claim Paid FY11 (7/1/10-6/30/11) |
$201,000.00 |
|
Interest Earnings |
Interest accrues for a period of up to 10 years from the date received by the State on interest-bearing accounts |
|
Fee to Claim Property |
There are no fees to claim your funds from the State of Maine |
|
Claim Requirements |
Documentation varies based on the type of account. A signature with ID, social security number, and proof of reported address or connection to the account are generally required |
