PA Treasurer McCord: Nearly Half a Million Dollars from Failed U.S. Banks Possibly Owed to Pennsylvanians
Treasury seeks more than 1,300 dormant account owners with last known addresses in PAHarrisburg – Nearly half a million dollars from 29 failed banks across the country – including two in Pennsylvania – may belong to residents, businesses and organizations of the Commonwealth, State Treasurer Rob McCord said today as he launched an effort to reunite the property with its rightful owners. In total, Treasurer McCord said the Federal Deposit Insurance Corporation (FDIC) turned over about $492,000 in dormant bank accounts to Treasury after the federal agency’s attempts to locate owners