MissingMoney.com

MissingMoney.com is a web portal created by participating U.S. states to allow individuals to search for unclaimed funds.[1] It was established in November 1999,[2] as a joint effort between the National Association of Unclaimed Property Administrators (NAUPA) and financial services provider CheckFree.[3] By December of that year, 10 states had joined.[3][4]

MissingMoney.com
Type of site
Government web portal
URLwww.missingmoney.com
CommercialNo
LaunchedNovember 1, 1999 (1999-11-01)
Current statusactive

As of 2017, 39 states were participating in the program.[1] In participating states, MissingMoney.com is the only official means of discovering unclaimed funds, and operates free of charge; other companies that claim to offer access to unclaimed funds in these states (and which assess a fee for doing so) are considered scams.[1] In January 2017, the Minnesota Court of Appeals rejected a lawsuit against the state of Minnesota alleging that the state's use of MissingMoney.com as the sole means to distribute its unclaimed funds impeded citizens from receiving such funds.[5] The website also provides information on the programs of states not participating in the national program.[6]

The eleven states not using MissingMoney.com are Arkansas, California, Connecticut, Delaware, Georgia, Hawaii, Illinois, New York, Oregon, South Carolina and Wyoming.[1]

References

  1. Leamy, Elisabeth (December 22, 2016). "How to find and claim cash you didn't know you had". The Washington Post via washingtonpost.com.
  2. Time Magazine (1999), Vol. 154, Issues 18-26, p. 252.
  3. U.S. News & World Report (December 6, 1999), Vol. 127, Issues 17-25, p. 574. Note that CheckFree was acquired by Fiserv in 2007.
  4. Bragg, Jennie (July 20, 2010). "Find lost assets". CNNMoney.
  5. Darren Yuvan, "Attorney maintains Minnesota's unclaimed funds process unconstitutional despite court's ruling", Legal News Line (February 21, 2017).
  6. Sarah Skidmore Sell, "Finding lost retirement money", The Sentinel (April 8, 2019), p. A8-9.
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