Over $22 million worth of Pennsylvania Money Match checks, a new part of the Treasury's unclaimed property program, have been sent to property owners across the state, according to Treasurer Stacy Garrity.

Unclaimed property includes items such as dormant bank accounts, unclaimed checks, forgotten stocks, rebates, and insurance policies. It can also include tangible property, such as the contents of abandoned safety deposit boxes.

"I want Pennsylvanians to know that this is a real check, it is real money, and it belongs to them," Garrity stated.

The release states that over 10% of Pennsylvanians are owed some of the $5 billion in unclaimed property in the Treasury, with the average value of a claim exceeding $1,000.

With Money Match, the treasurer's release states that unclaimed single-owner property valued up to $500 can be returned to individuals without the need to search or file a claim. 

"The inaugural year of Pennsylvania Money Match has been a resounding success that surpassed our goals and exceeded my expectations as we put more than $50 million back in the hands of people who earned it," Garrity stated. "This program is a testament to cutting government bureaucracy, which is something almost unheard of, and I'm thrilled to continue this program as we work hard to get more money back to its rightful owners."

Pennsylvania Money Match was created by Act 81, which passed the House and Senate unanimously in July 2024. 

The treasurer has urged residents of the state to be on the lookout for the checks and to cash or deposit them once they arrive. To search for unclaimed property, the release states that you can visit the PA Treasury website.