Press Releases

SACRAMENTO—Spring is in the air and State Controller Betty T. Yee is reminding people you do not need a green thumb to get your bank account to grow this April. Just search her online database where 48 million properties worth a total of $9.3 billion are available for claiming at claimit.ca.gov.

“Spring cleaning just got a lot more fun. Finding a forgotten bank account or rebate check is sure to spark joy,” said Controller Yee. “Checking claimit.ca.gov is as easy as looking through your laundry and couch cushions for spare change.”

In March, more than 29,000 people received their properties worth about $28 million. Here is a snapshot of the unclaimed property claims paid last month to people in 11 cities:

• 198 properties valued at $190,786 in Glendale
• 54 properties valued at $167,873 in Redding
• 90 properties valued at $142,977 in Eureka
• 114 properties valued at $70,564 in Concord
• 133 properties valued at $50,797 in Oceanside
• 253 properties valued at $49,763 in Corona
• 132 properties valued at $48,963 in Fontana
• 66 properties valued at $26,551 in San Luis Obispo
• 192 properties valued at $25,575 in Elk Grove
• 16 properties valued at $23,551 in Delano
• 130 properties valued at $19,440 in Clovis

People who find property on the State Controller’s website can submit claims at claimit.ca.gov or by calling (800) 992-4647. Anyone can download the unclaimed property database for free and see if people in their community or organization have items safeguarded by the state.

California’s unclaimed property law protects consumers by requiring banks, insurance companies, and other businesses to transfer property to the State Controller after a period of no activity (generally three years). Savings or checking accounts, insurance benefits, uncashed checks, wages, stocks, bonds, and safe deposit box contents are common types of unclaimed property.

As the chief fiscal officer of California, Controller Yee is responsible for accountability and disbursement of the state’s financial resources. The Controller has independent auditing authority over government agencies that spend state funds. She is a member of numerous financing authorities, and fiscal and financial oversight entities including the Franchise Tax Board. She also serves on the boards for the nation’s two largest public pension funds. Elected in 2014 and reelected in 2018, Controller Yee is the tenth woman elected to a statewide office in California’s history. Follow the Controller on Twitter at @CAController and on Facebook at California State Controller’s Office.

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