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Economy and Business


Northeast Ohio city gets record-shattering unclaimed money
Elyria has the largest unclaimed fund of $3.4 million
by WKSU's STATEHOUSE CORRESPONDENT BILL COHEN


Reporter
Bill Cohen
 
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In The Region:

Virtually every day, some people type their name into a special internet site and discover that they are owed money that's sitting in Ohio’s Unclaimed Funds system.
It could be a long-forgotten rent deposit, an abandoned savings account, or an un-cashed utility refund. Today, Ohio commerce officials made history when they handed over an unclaimed funds check; not to a person but to a Northeastern Ohio city. David Goodman is the state commerce director. He tells the story to Ohio Public Radio’s Bill Cohen.

Ohio city gets record-shattering unclaimed money

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That is Ohio Commerce Director David Goodman. He says about 900,000 groups or individuals in Ohio have claimed un-claimed funds, and the city of Elyria is just the latest.

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