State Treasurer Riley Moore joined Charleston Area Medical Center President and CEO Dave Ramsey, CAMC Foundation President Bryan Cummings and Hospitality House staff on Friday, Oct. 7, to present an unclaimed property check worth over $87,000 that they intend to use to benefit the hospital group’s Hospitality House in Charleston.
“CAMC provides critical healthcare services to not only Charleston but also to the broader region – I am proud to return these funds that are going to be donated to the CAMC Foundation for use in their Hospitality House,” State Treasurer Riley Moore said. “This is a state-of-the-art facility that provides essential accommodations for patients’ families while their loved ones receive the care that they need.”
Treasurer Moore presented CAMC President and CEO Dave Ramsey with a check totaling $87,052.59 at the CAMC Foundation Hospitality House in Charleston. CAMC and the Foundation intend to use the proceeds to benefit the Hospitality House, which provides free or significantly reduced cost lodging to patients’ families while receiving medical treatment away from their home region.
“The CAMC Foundation is extremely grateful for this donation,” said CAMC Foundation President Bryan Cummings. “This act of generosity will help provide for the physical comfort and emotional needs of families during a medical crisis so that they may participate fully with the medical team as partners in care.”
Treasurer Moore said his Unclaimed Property Division has more than $300 million in listings for individuals, businesses and other organizations. He encouraged everyone to visit www.wvtreasury.com and click on the “Search” button to see if the Office is holding any assets in their name.
What is Unclaimed Property?
Unclaimed property can include financial accounts or items of value in which the owner has not initiated any activity for one year or longer. Common examples include unpaid life insurance benefits, forgotten bank accounts and unused rebate cards. (While the title includes the word “property,” it does not however include real estate.)
West Virginia’s unclaimed property laws protect the public by ensuring money and property owed to them is returned to them, rather than remaining permanently with financial institutions, business associations, governments and other entities. The Treasurer seeks to reunite the unclaimed property, including uncashed paychecks, stocks, or safe deposit box contents, with its owner.
Nationwide, nearly 33 million people in the United States – one in every 10 – are estimated to have unclaimed property available for them to claim.
How Can I Find Unclaimed Property in My Name?
West Virginians searching for lost financial assets can go to www.wvtreasury.com, then click on the large Unclaimed Property “Search” button to the right of the page under the heading, “Are We Holding Your Money?” In addition to finding property, the www.wvtreasury.com website will also help you track a claim.
A demonstration of how to use the Unclaimed Property search site is available on the Treasury’s YouTube page, at: https://youtu.be/K09yQ7YNKlE.
To search for lost financial assets outside West Virginia, visit www.FindMyFunds.com or www.MissingMoney.com.