How to check if Oregon owes you unclaimed money
Oregon Treasurer Elizabeth Steiner was a guest on this week's episode of Straight Talk to discuss how Oregonians can check for any unclaimed money that they might be owed by the state, as well as her tenure as treasurer. Steiner served in the state Senate for 13 years prior to becoming the first woman and first physician to hold the office of treasurer.
Feb. 1 is National Unclaimed Property Day, and last year the Oregon treasury returned almost $60 million in unclaimed property to Oregonians.
According to Steiner, it happens because businesses, banks, and insurance companies are obligated to try to return property or money to its rightful owner, but if they're unable to make contact within 3 years, they have to turn it over to the state treasury for it to be held in trust for the person or their heirs.