For Immediate Release - January 26, 2012

Treasury Returns $425,000 in Unclaimed Funds to Cities and Towns

Unclaimed Assets Distributed to 124 Municipalities Across the Commonwealth

Treasurer Steven Grossman today announced that his office’s Unclaimed Property Division has returned nearly $425,000 in unclaimed monetary property owned by 124 cities and towns across Massachusetts.  The communities, which received their money throughout 2011, are detailed in the attached list.

“Our proactive approach toward identifying this property is welcomed by cash-strapped cities and towns, particularly at a time when they are looking for new sources of revenue,” said Grossman.  “Our fundamental belief is that we are the steward of these funds - not the owner.  Our goal is to reunite more people, institutions, and governments with their rightfully owned property.”  

Over the past year, the Treasurer’s office has enhanced its outreach efforts with the goal of returning more unclaimed property to rightful owners.  This outreach has led to a 28% increase in property returned last year, with a record total of 33,400 claims worth $76 million being paid, up from 28,700 claims worth $59 million in the prior year.  Treasury staff also worked closely with Veterans Service Officers to coordinate mailings directed towards the more than 3,200 service members from Massachusetts who were on existing unclaimed property lists.  

Unclaimed Property includes forgotten savings and checking accounts, un-cashed checks, insurance policy proceeds, stocks, dividends, and contents of unattended safe deposit boxes.  Many of these accounts are considered “abandoned” and turned over to the Treasury after three years with no activity.  Over the last six months alone, $150 million in new unclaimed property has been turned over to the state, contributing to a total of approximately $2 billion that the Commonwealth is holding in trust until rightful owners can be identified.

The Treasury releases an updated list of unclaimed assets every six months as new accounts are turned over to the Commonwealth.  There is no time limit to claim this property and, in many cases, claimants will receive interest.  To determine if they have unclaimed property, citizens can call 888-344-MASS or visit www.findmassmoney.com.
 

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CITY OR TOWN

DATA

TOTAL

Payee Name

 

 

CITY OF BOSTON

Count of Amount Paid

28

 

Sum of Amount Paid

$15,293.17

CITY OF BROCKTON

Count of Amount Paid

2

 

Sum of Amount Paid

$2,065.69

CITY OF CAMBRIDGE

Count of Amount Paid

14

 

Sum of Amount Paid

$12,807.69

CITY OF CHELSEA

Count of Amount Paid

2

 

Sum of Amount Paid

$35.32

CITY OF CHICOPEE

Count of Amount Paid

2

 

Sum of Amount Paid

$12,108.40

CITY OF EASTHAMPTON

Count of Amount Paid

2

 

Sum of Amount Paid

$63.62

CITY OF EVERETT

Count of Amount Paid

12

 

Sum of Amount Paid

$28,390.64

CITY OF FALL RIVER

Count of Amount Paid

9

 

Sum of Amount Paid

$2,731.91

CITY OF HAVERHILL

Count of Amount Paid

1

 

Sum of Amount Paid

$76.12

CITY OF HOLYOKE

Count of Amount Paid

1

 

Sum of Amount Paid

$66.07

CITY OF LAWRENCE

Count of Amount Paid

1

 

Sum of Amount Paid

$64,639.54

CITY OF LOWELL

Count of Amount Paid

9

 

Sum of Amount Paid

$3,312.78

CITY OF MEDFORD

Count of Amount Paid

1

 

Sum of Amount Paid

$357.15

CITY OF NEWBURYPORT

Count of Amount Paid

14

 

Sum of Amount Paid

$1,223.23

CITY OF NEWTON

Count of Amount Paid

6

 

Sum of Amount Paid

$3,249.95

CITY OF NORTH ADAMS

Count of Amount Paid

5

 

Sum of Amount Paid

$375.40

CITY OF NORTHAMPTON

Count of Amount Paid

3

 

Sum of Amount Paid

$1,271.48

CITY OF PITTSFIELD

Count of Amount Paid

2

 

Sum of Amount Paid

$1,125.07

CITY OF QUINCY

Count of Amount Paid

16

 

Sum of Amount Paid

$8,216.29

CITY OF SALEM

Count of Amount Paid

6

 

Sum of Amount Paid

$461.53

CITY OF SOMERVILLE

Count of Amount Paid

1

 

Sum of Amount Paid

$35.20

CITY OF SPRINGFIELD

Count of Amount Paid

63

 

Sum of Amount Paid

$8,392.09

CITY OF TAUNTON

Count of Amount Paid

1

 

Sum of Amount Paid

$1,547.91

CITY OF WALTHAM

Count of Amount Paid

5

 

Sum of Amount Paid

$583.96

CITY OF WESTFIELD

Count of Amount Paid

12

 

Sum of Amount Paid

$989.17

CITY OF WORCESTER

Count of Amount Paid

15

 

Sum of Amount Paid

$15,139.88

TOWN OF ACUSHNET

Count of Amount Paid

1

 

Sum of Amount Paid

$63.33

TOWN OF ADAMS

Count of Amount Paid

2

 

Sum of Amount Paid

$257.34

TOWN OF AMHERST

Count of Amount Paid

2

 

Sum of Amount Paid

$319.39

TOWN OF ANDOVER

Count of Amount Paid

1

 

Sum of Amount Paid

$582.46

TOWN OF AYER

Count of Amount Paid

1

 

Sum of Amount Paid

$5.17

TOWN OF BELLINGHAM

Count of Amount Paid

1

 

Sum of Amount Paid

$5,367.53

TOWN OF BILLERICA

Count of Amount Paid

1

 

Sum of Amount Paid

$491.84

TOWN OF BOURNE

Count of Amount Paid

1

 

Sum of Amount Paid

$301.67

TOWN OF BRIDGEWATER

Count of Amount Paid

1

 

Sum of Amount Paid

$128.81

TOWN OF BROOKLINE

Count of Amount Paid

5

 

Sum of Amount Paid

$28,121.31

TOWN OF BURLINGTON

Count of Amount Paid

2

 

Sum of Amount Paid

$808.32

TOWN OF CHARLTON

Count of Amount Paid

1

 

Sum of Amount Paid

$523.55

TOWN OF CHELMSFORD

Count of Amount Paid

1

 

Sum of Amount Paid

$76,640.21

TOWN OF CHESTERFIELD

Count of Amount Paid

1

 

Sum of Amount Paid

$50.28

TOWN OF COHASSET

Count of Amount Paid

2

 

Sum of Amount Paid

$1,223.52

TOWN OF CONCORD

Count of Amount Paid

4

 

Sum of Amount Paid

$3,356.43

TOWN OF DANVERS

Count of Amount Paid

1

 

Sum of Amount Paid

$5.19

TOWN OF DARTMOUTH

Count of Amount Paid

1

 

Sum of Amount Paid

$113.42

TOWN OF DEDHAM

Count of Amount Paid

3

 

Sum of Amount Paid

$715.12

TOWN OF DEERFIELD

Count of Amount Paid

1

 

Sum of Amount Paid

$74.55

TOWN OF DIGHTON

Count of Amount Paid

2

 

Sum of Amount Paid

$18.12

TOWN OF DOUGLAS

Count of Amount Paid

5

 

Sum of Amount Paid

$237.95

TOWN OF DOVER

Count of Amount Paid

6

 

Sum of Amount Paid

$2,153.36

TOWN OF DUDLEY

Count of Amount Paid

1

 

Sum of Amount Paid

$75.62

TOWN OF DUXBURY

Count of Amount Paid

1

 

Sum of Amount Paid

$22.54

TOWN OF EAST BRIDGEWATER

Count of Amount Paid

1

 

Sum of Amount Paid

$100.29

TOWN OF EAST BROOKFIELD

Count of Amount Paid

1

 

Sum of Amount Paid

$152.32

TOWN OF EASTON

Count of Amount Paid

4

 

Sum of Amount Paid

$1,111.04

TOWN OF FOXBOROUGH

Count of Amount Paid

1

 

Sum of Amount Paid

$507.77

TOWN OF FRANKLIN

Count of Amount Paid

1

 

Sum of Amount Paid

$882.73

TOWN OF GEORGETOWN

Count of Amount Paid

1

 

Sum of Amount Paid

$101.28

TOWN OF GRAFTON

Count of Amount Paid

1

 

Sum of Amount Paid

$7.92

TOWN OF HANSON

Count of Amount Paid

1

 

Sum of Amount Paid

$124.07

TOWN OF HARVARD

Count of Amount Paid

1

 

Sum of Amount Paid

$305.57

TOWN OF HINGHAM

Count of Amount Paid

3

 

Sum of Amount Paid

$946.97

TOWN OF HOLDEN

Count of Amount Paid

1

 

Sum of Amount Paid

$6.13

TOWN OF HOLLAND

Count of Amount Paid

1

 

Sum of Amount Paid

$479.69

TOWN OF HUDSON

Count of Amount Paid

2

 

Sum of Amount Paid

$813.17

TOWN OF HULL

Count of Amount Paid

5

 

Sum of Amount Paid

$3,443.20

TOWN OF LEE

Count of Amount Paid

1

 

Sum of Amount Paid

$5.19

TOWN OF LENOX

Count of Amount Paid

2

 

Sum of Amount Paid

$1,044.36

TOWN OF LEXINGTON

Count of Amount Paid

1

 

Sum of Amount Paid

$375.06

TOWN OF LITTLETON

Count of Amount Paid

1

 

Sum of Amount Paid

$84.69

TOWN OF MANCHESTER

Count of Amount Paid

7

 

Sum of Amount Paid

$1,724.54

TOWN OF MASHPEE

Count of Amount Paid

3

 

Sum of Amount Paid

$1,178.53

TOWN OF MEDFIELD

Count of Amount Paid

1

 

Sum of Amount Paid

$502.74

TOWN OF MEDWAY

Count of Amount Paid

1

 

Sum of Amount Paid

$78,186.35

TOWN OF MILLBURY

Count of Amount Paid

2

 

Sum of Amount Paid

$170.73

TOWN OF MILTON

Count of Amount Paid

2

 

Sum of Amount Paid

$96.71

TOWN OF NEEDHAM

Count of Amount Paid

1

 

Sum of Amount Paid

$708.59

TOWN OF NORFOLK

Count of Amount Paid

1

 

Sum of Amount Paid

$89.30

TOWN OF NORTHBOROUGH

Count of Amount Paid

1

 

Sum of Amount Paid

$53.67

TOWN OF ORLEANS

Count of Amount Paid

1

 

Sum of Amount Paid

$10.79

TOWN OF PEPPERELL

Count of Amount Paid

2

 

Sum of Amount Paid

$110.81

TOWN OF PETERSHAM

Count of Amount Paid

1

 

Sum of Amount Paid

$53.07

TOWN OF PLYMOUTH

Count of Amount Paid

5

 

Sum of Amount Paid

$1,058.29

TOWN OF PROVINCETOWN

Count of Amount Paid

1

 

Sum of Amount Paid

$84.38

TOWN OF RANDOLPH

Count of Amount Paid

3

 

Sum of Amount Paid

$197.24

TOWN OF RAYNHAM

Count of Amount Paid

1

 

Sum of Amount Paid

$23.74

TOWN OF READING

Count of Amount Paid

3

 

Sum of Amount Paid

$4,844.51

TOWN OF ROCKLAND

Count of Amount Paid

1

 

Sum of Amount Paid

$721.28

TOWN OF ROYALSTON

Count of Amount Paid

2

 

Sum of Amount Paid

$6.33

TOWN OF SANDWICH

Count of Amount Paid

2

 

Sum of Amount Paid

$2,806.96

TOWN OF SEEKONK

Count of Amount Paid

1

 

Sum of Amount Paid

$330.81

TOWN OF SHERBORN

Count of Amount Paid

2

 

Sum of Amount Paid

$1,217.54

TOWN OF SHIRLEY

Count of Amount Paid

2

 

Sum of Amount Paid

$184.38

TOWN OF SHREWSBURY

Count of Amount Paid

1

 

Sum of Amount Paid

$42.65

TOWN OF SOMERSET

Count of Amount Paid

1

 

Sum of Amount Paid

$443.53

TOWN OF SOUTH HADLEY

Count of Amount Paid

5

 

Sum of Amount Paid

$1,221.87

TOWN OF SOUTHBOROUGH

Count of Amount Paid

1

 

Sum of Amount Paid

$233.72

TOWN OF SPENCER

Count of Amount Paid

1

 

Sum of Amount Paid

$17.62

TOWN OF STERLING

Count of Amount Paid

5

 

Sum of Amount Paid

$1,012.57

TOWN OF STONEHAM

Count of Amount Paid

1

 

Sum of Amount Paid

$507.71

TOWN OF STOUGHTON

Count of Amount Paid

1

 

Sum of Amount Paid

$50.25

TOWN OF SUNDERLAND

Count of Amount Paid

1

 

Sum of Amount Paid

$73.40

TOWN OF SUTTON

Count of Amount Paid

1

 

Sum of Amount Paid

$190.69

TOWN OF SWANSEA

Count of Amount Paid

3

 

Sum of Amount Paid

$42.58

TOWN OF TEWKSBURY

Count of Amount Paid

2

 

Sum of Amount Paid

$1,622.82

TOWN OF UXBRIDGE

Count of Amount Paid

4

 

Sum of Amount Paid

$1,341.21

TOWN OF WAKEFIELD

Count of Amount Paid

3

 

Sum of Amount Paid

$934.34

TOWN OF WARE

Count of Amount Paid

1

 

Sum of Amount Paid

$56.41

TOWN OF WAREHAM

Count of Amount Paid

2

 

Sum of Amount Paid

$34.17

TOWN OF WATERTOWN

Count of Amount Paid

1

 

Sum of Amount Paid

$58.94

TOWN OF WAYLAND

Count of Amount Paid

2

 

Sum of Amount Paid

$96.27

TOWN OF WEBSTER

Count of Amount Paid

1

 

Sum of Amount Paid

$214.29

TOWN OF WELLESLEY

Count of Amount Paid

6

 

Sum of Amount Paid

$88.73

TOWN OF WEST NEWBURY

Count of Amount Paid

2

 

Sum of Amount Paid

$69.71

TOWN OF WEST SPRINGFIELD

Count of Amount Paid

7

 

Sum of Amount Paid

$296.48

TOWN OF WESTBORO

Count of Amount Paid

1

 

Sum of Amount Paid

$74.39

TOWN OF WESTMINSTER

Count of Amount Paid

3

 

Sum of Amount Paid

$414.94

TOWN OF WESTPORT

Count of Amount Paid

1

 

Sum of Amount Paid

$25.64

TOWN OF WESTWOOD

Count of Amount Paid

2

 

Sum of Amount Paid

$2,159.08

TOWN OF WINCHENDON

Count of Amount Paid

2

 

Sum of Amount Paid

$171.24

TOWN OF WINTHROP

Count of Amount Paid

1

 

Sum of Amount Paid

$738.88

TOWN OF YARMOUTH

Count of Amount Paid

1

 

Sum of Amount Paid

$241.22

(blank)

Count of Amount Paid

 

 

Sum of Amount Paid

 

TOWN OF MOUNT WASHINGTON

Count of Amount Paid

1

 

Sum of Amount Paid

$511.47

TOWN OF HAMPDEN

Count of Amount Paid

4

 

Sum of Amount Paid

$564.18

TOWN OF GRANVILLE

Count of Amount Paid

1

 

Sum of Amount Paid

$12.97

TOWN OF MONTGOMERY

Count of Amount Paid

1

 

Sum of Amount Paid

$10.56

Total Count of Amount Paid

 

426

Total Sum of Amount Paid

 

$424,643.56