Ohio Unclaimed Funds Agency Celebrates 30 Years

COLUMBUS, Ohio (AP) - An agency is marking 30 years of reuniting Ohioans with money they didn't know they had.

The Ohio Department of Commerce says its Division of Unclaimed Funds has put forgotten money into the hands of hundreds of thousands of people since it was created in January 1982.

Officials had said last fall that the division was paying out 40 percent more in claims than it had a year earlier. Commerce Director David Goodman planned to give an update at a news conference scheduled for Monday morning.

Unclaimed funds held by the state include uncollected rent or utility deposits, forgotten bank deposits and uncashed insurance policies.

(Copyright 2012 by The Associated Press. All Rights Reserved.)

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