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Money Smart Week event sheds light on unclaimed property

Apr 15, 2015   //   by Chad   //   Latest News, Press Releases  //  No Comments

For immediate release:

Bettendorf, Iowa – April 13, 2015 – Discovered Money, a non-profit organization, is pleased to host a “treasure hunt” for unclaimed property on Monday, April 20th from 2 – 4 p.m. at the Bettendorf Public Library.  The goal is to educate the general public about the entire unclaimed property process from search to claim and collection.  During the open house, Chad Raeside, a volunteer CPA from the charity, will be on-site to demonstrate new and innovative search tools developed exclusively by the charity.  This event is free and open to the public.

The State of Iowa currently safeguards over $120 Million in unclaimed property for Iowans in the form of cash, shares of corporate stock and other property obtained from safe deposit boxes.  A brief 20-minute presentation will begin at 2 p.m.  Visitors to this open house will search state databases for their lost money and learn important money tips, including how to prevent your bank accounts from reverting to state custody.  Google street maps of the Iowa Quad-Cities will also be on display to showcase the sheer volume of unclaimed property currently available for claim.  This search tool is free for public use and may be previewed before the event at discoveredmoney.org.

This event is held in conjunction with Money Smart Week, April 18th through April 25th, 2015.  During this week, financial literacy events will be held across the nation promoting a wide variety of educational topics such as budgeting, savings and retirement strategies and money saving tips.

For additional information on Discovered Money’s non-profit mission, contact the unclaimed property experts at info@discoveredmoney.org or visit us on Facebook and www.twitter.com/discoveredmoney.

ABOUT DISCOVERED MONEY – Discovered Money is a non-profit organization that volunteers to help non-profits, schools, individuals and businesses reclaim their unclaimed property. Our organization has volunteered for various organizations including the Red Cross, March of Dimes, Easter Seals, Big Brother Big Sisters and various school districts located across the country.

ABOUT MONEY SMART WEEK – Created by the Federal Reserve Bank of Chicago in 2002, Money Smart Week® is a public awareness campaign designed to help consumers better manage their personal finances. This is achieved through the collaboration and coordinated effort of hundreds of organizations across the country. Programming is offered to all demographics and income levels and covers all facets of personal finance. Partnering Organizations will host their events April 18 – 25, 2015.  For more information, visit moneysmartweek.org.

Money Smart Week logo

Money Smart Week logo