Kentucky Treasury Looking for Owners of Unclaimed Property

Kentucky officials are heading to Louisville this week to try to find the owners of unclaimed property potentially worth $69 million.

State Treasurer Todd Hollenbach’s office says each year the Treasury receives millions of dollars from holders such as banks or insurance companies. By law, they are required to transfer the assets of inactive accounts, and in the past, about 20 percent has been returned to the owners.

Under its Treasure Finders program, the state Treasury will work with local volunteers to set up a phone bank, review the property and contact residents to let them know about the unclaimed property.

The first event in Louisville will be held on Saturday.