Fact Sheet on Unclaimed Property

Total Unclaimed Funds in Maine (1979-2008)

$148 million as of 06/30/08

Total Number of Accounts Available

More than 593,000

Cash Received FY08 (7/1/07-6/30/08)

$24 million

Claims Paid FY08 (7/1/07-6/30/08)

$12 million (50% of funds received)

Average Claim Amount

$766

Largest Personal Claim Paid FY08 (7/1/07-6/30/08)

$128,000

Interest Earnings

Interest accrues for a period of up to 10 years from the date received by the State on interest-bearing accounts

Fee to Claim Property

There are no fees to claim your funds from the State of Maine

Claim Requirements

Documentation varies based on the type of account. A signature with ID, social security number, and proof of reported address or connection to the account are generally required