West Virginia Treasurer Riley Moore has recently returned almost $133,000 of unclaimed property to St. Mary’s Medical Center and the Cabell County Board of Education.
This exciting news serves as a shining example of the importance of frequently checking for and claiming forgotten assets.
Unclaimed property includes forgotten financial accounts, stocks, and safety deposit boxes whose owners have been lost track of. Treasurer Moore has prioritized the return of such funds to their rightful owners since becoming the state treasurer, and his efforts have paid off tremendously.
In this latest development, Moore worked diligently with financial institutions and organizations to locate rightful claimants in the St. Mary’s Medical Center and the Cabell County Board of Education.
The unexpected windfall was welcomed wholeheartedly by both institutions and will have a meaningful impact on their respective programs and services.
The return of these funds is not only a win for the institutions but also a reminder to all of us to check for lost funds regularly.
The work of Treasurer Moore is a testament to the effectiveness of such frequent checks. We encourage all West Virginians to stay up-to-date on their financial assets and regularly search for and claim any unclaimed funds.
This is particularly vital in a state like West Virginia, which has a history of high rates of forgotten assets.
Through Treasurer Moore's efforts, numerous individuals and organizations have been reunited with their lost assets. With the streamlined return process in place, those with forgotten assets are now more likely to reclaim what rightfully belongs to them.
