West Virginia treasurer's office says $7 million in property claimed in 2014



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CHARLESTON, West Virginia — West Virginia's most populous county also reaped the most unclaimed property in the state during the 2014 fiscal year.

The state treasurer's office says Kanawha County residents collected a total of $1.2 million in claims, followed by Monongalia at $354,000.

Unclaimed property is any forgotten asset, such as utility deposits or abandoned safe deposit box contents. By law, the holder of the property such as a bank is obliged to report the asset to Treasurer John Perdue's office.

All told, the office returned approximately $7 million in unclaimed property in fiscal 2014. About $4.2 million went to state residents. The rest went to those who now live out of state.

Other counties that saw 6-figure claims were Hancock at $221,000, Wood, $218,000 and Cabell at $178,000, among others.

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