Treasurer Stacy Garrity, Sen. Amanda Cappelletti, Rep. Mary Jo Daley & Rep. Tim Briggs Return More Than $32,000 in Unclaimed Property to Lower Merion Township

Ardmore, PA - Pennsylvania Treasurer Stacy Garrity, Sen. Amanda Cappelletti (D-17), Rep. Mary Jo Daley (D-148), Rep. Tim Briggs (D-149) and Lower Merion Chief Financial Officer Adam M. Szumski announced today that more than $32,000 in unclaimed property has been returned to Lower Merion Township.

"This is the second time I've returned unclaimed property to Lower Merion, and I applaud them for working with Treasury on a regular basis to identify funds the township can claim. I'm pleased to work with Sen. Cappelletti, Rep. Daley and Rep. Briggs to return this money, and I encourage everyone to check our website to see if some of the $4.5 billion we're working to return belongs to you. It only takes a minute to search!"

Pennsylvania State Treasurer Stacy Garrity

"Unclaimed property is money that is being held by the state while waiting to be returned to its rightful owner. I'm proud of Lower Merion Township for taking the necessary steps to claim the funds the Township is entitled to because we know these resources can be put to better use for our community. My office is happy to help residents, municipalities, and other entities search for property they are entitled to claim. Don't hesitate to reach out!"

Sen. Amanda Cappelletti (D-17)

"The Pennsylvania Treasury not only provides its comprehensive unclaimed property program for individuals, it also identifies 'lost' funds for municipalities, nonprofits and businesses. Kudos to all involved for getting taxpayer dollars back to Lower Merion Township."

Rep. Mary Jo Daley (D-148)

"I am pleased that the Pennsylvania Treasurer has returned unclaimed property to Lower Merion Township. This effort shows what can be done when all levels of government work together to protect taxpayers."

Rep. Tim Briggs (D-149)

"Unexpected revenue and the recovery of Township funds is always a benefit to our taxpayers. A special thank you to the Township's Accounting Supervisor for her diligence in submitting the claims that resulted in the Township receiving these funds, which will be deposited into the Township's General Fund."

Lower Merion Chief Financial Officer Adam M. Szumski

The $32,574 returned to Lower Merion Township includes six individual properties ranging in value from $20 to $28,956. The oldest property dates back to 2015, while the most recent is from 2024. Properties returned include funds from accounts payable checks.

Treasurer Garrity has returned more than $17.7 million to nearly 100 local government agencies, including counties and municipalities.

Treasury is working to return more than $4.5 billion in unclaimed property to its rightful owners, including more than $268 million owed to Montgomery County residents. More than one in ten Pennsylvanians is owed unclaimed property, and the average claim is worth about $1,600.

Unclaimed property can include dormant bank accounts, uncashed checks, insurance policies, contents of forgotten safe deposit boxes and more. State law requires businesses to report unclaimed property to Treasury after three years of dormancy. Treasury keeps tangible unclaimed property for at least three years before it is auctioned. Auction proceeds are kept in perpetuity for owners to claim. Military decorations and memorabilia are never auctioned.

To learn more about unclaimed property or to search Treasury's database to see if any money is available for you to claim, visit patreasury.gov/unclaimed-property.

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