Utah State Treasurer David Damschen announced that the August implementation of the new unclaimed property management system has resulted in increased efficiencies and a better user experience.
Since the conversion, the average number of properties per claim has increased by 9% due to more robust search technology.
“The new system makes it even easier for Utahns to search for unclaimed property, and it enables us to process claims more quickly,” Treasurer Damschen said. “You can now upload claim documentation directly to the website, instead of having to mail it to us or deliver it in person.”
Some other new features include improved online payments, manual online reporting for small reports and stronger protections to ensure security of personal information.
“During the past several years, we have placed significant focus on leveraging technology to make record levels of unclaimed property payouts to rightful owners,” Unclaimed Property Administrator Dennis Johnston said. “We are thrilled by the results of the system conversion. It has taken us to the next level, improving the claims process and enabling us to reunite more unclaimed property with rightful owners.”
For more information and to search property, visit mycash.utah.gov or call 801-715-3300.