DiNapoli: Fast-Track payment program returns $68 million in unclaimed funds
Program Increases Cap From $250 to $5,000 After Successful First Year
New York State Comptroller Thomas P. DiNapoli announced today he is returning even more lost money to New Yorkers through his fast-track program and is raising the payment cap from $250 to up to $5,000.
“Speeding up the return of lost money is priority of mine, and my office worked with the State Legislature in 2024 to create a way to fast-track money to people,” DiNapoli said. “After a successful first year, we are increasing the threshold up to $5,000. In these challenging economic times, every little bit helps as the cost of gas, groceries and everyday essentials rise.”
Launched by DiNapoli in January 2025, the Expedited Payment Program has increased the speed and scale at which the State Comptroller’s office can return certain unclaimed funds, while ensuring such funds go to their rightful and verified owners. Over 210,000 expedited checks have been issued so far, totaling $48 million, with an average payment of $229. DiNapoli now returns on average over $2 million in unclaimed funds each day.
Unclaimed funds are turned over to the State Comptroller’s office and can include old bank accounts, uncashed checks, insurance refunds, utility deposits, stock certificates or unused gift cards. Individuals, businesses, nonprofits, religious institutions, schools or municipalities could have unclaimed funds.
The law provides the State Comptroller’s office with the discretion to increase the amount that can be returned without the filing of a formal claim, contingent upon rigorous verification of rightful ownership.
Before a check is issued, the State Comptroller’s office sends a notification letter to let recipients know a check is coming, followed by the check itself. Recipients are encouraged to open the letter and cash the check promptly. If anyone is unsure about a check received in the mail, they can verify it by entering the Claim ID at: osc.ny.gov/verify. There is never a fee to collect or search for unclaimed funds when claimed through the Comptroller’s office, and the accounts never expire.
Not all unclaimed funds qualify for expedited payment, such as estate claims. Individuals and organizations can search for and claim their funds at any time:
- Online: osc.ny.gov/unclaimed-funds
- By phone: (800) 221-9311, Monday through Friday, 8 a.m. to 5 p.m.
- In person: at outreach events held across the state
Posted: April 30th, 2026 under Northern NY News, State Government News.