Personal Finance

MN May Owe You Money, Here's How To Find Out

Minnesota's "unclaimed property division" says it has returned over $729​​ million that was previously unclaimed.

Money that belongs to Minnesota residents could be sitting in government accounts, but it's up to you to claim your property.
Money that belongs to Minnesota residents could be sitting in government accounts, but it's up to you to claim your property. (Chris Huffaker/Patch)

MINNESOTA — Money that belongs to Minnesota residents could be sitting in government accounts, but it's up to you to claim your property.

Many people who have unclaimed cash don't realize it, whether it's money owed from pension funds, business refunds, or other sources. The Minnesota Department of Commerce has its own "unclaimed property division" that works to return unclaimed money or property to its rightful owner.

The state of Minnesota says it has returned over $729 million that was previously unclaimed.

Find out what's happening in Across Minnesotawith free, real-time updates from Patch.

To find possibly their hidden assets, residents should check out the unclaimed property division website, and just enter their name or business, and begin the search.

To search for unclaimed money lying in a different state's treasury, check this list of treasurer's offices.

Find out what's happening in Across Minnesotawith free, real-time updates from Patch.

If you don't have money in the state treasury, the government also suggests checking for unclaimed funds from bank failures or deposits from credit union closures. You could also check for unclaimed or undelivered tax refunds or a refund from an FHA-insured mortgage.

Finally, you can check for unclaimed back wages, pension money, or life insurance funds. Here is how to find out how to search for these unclaimed funds.


Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.