Texas Owes Residents $2.2 Billion - NBC 5 Dallas-Fort Worth

Texas Owes Residents $2.2 Billion

Unclaimed funds belong to 1 in 4 Texans



    Texas Owes Residents $2.2 Billion

    by Bruce Felps

    The Texas Comptroller's Office wants to make sure $2.2 billion under its control gets to its rightful owners.

    The money represents funds owed Texas residents who didn’t know they were owed money. It might languish in a forgotten checking or savings account. It might belong to the estate of a deceased parent or other close relative. It might be an uncollected utility deposit or insurance refund. And it might belong to you.

    A representative from the comptroller's office was at the Comerica Bank location at NorthPark on Friday — for people who think or hope they have the right to unclaimed money, about $1,000 on average.

    OK, about half the NBCDFW website readership just left. The rest of you can check the state’s online database to see if your name is listed. And there goes the other half.

    Odds are pretty good, too, way better than the Texas Lotto. According to an NBCDFW report, one-in-four state residents will find his or her name on the list, and crap, mine’s not there.

    More: ClaimItTexas.org

    Bruce Felps owns and operatesEast Dallas Times, an online community news outlet serving the White Rock Lake area. Missed out on a one-in-four chance. He’d loose a 50-50 shot about 95 percent of the time. That is why he does not bet.