State Comptroller: Bronx Residents Have $353,393,103.00 in Unclaimed Funds
New York State Comptroller Thomas P. DiNapoli recently announced that Bronx residents have $353,393,103.00 in unclaimed funds waiting to be paid. According to the State comptroller’s office, banks, insurance companies, corporations and the courts are among the many organizations required by law to report dormant accounts to the State comptroller. These organizations must attempt to notify residents by mail regarding such dormant accounts, and publish the information in newspapers. According to the City, monies paid to the courts for legal matters, are held in an interest-bearing, NYC Department of Finance common trust account. Deposits and withdrawals of court
