Places to Find Money

Your couch cushions aren't the only place to look for money.

Your couch cushions and car seats are not the only places where you can look to find money. With multiple government resources on the Internet, knowledge of where to look may be the only thing standing between you and your lost or unclaimed funds. Once you find your money, just be prepared to submit information concerning who you are so the government can verify that the money does, in fact, belong to you.

FDIC

If you banked at or owned shares of a failed bank, then the Federal Deposit Insurance Corporation (FDIC) may owe you money. The FDIC insures deposits for banks and their depositors. When banks close, the FDIC must pay back lost deposits up to the insured amount, which is around $250,000. This responsibility extends to unpaid funds owed to shareholders. Visit the FDIC website to search for unclaimed funds.

FDIC

Attn: Claims Department - Unclaimed Funds

1601 Bryan Street

Dallas, Texas 75201

1-877-275-3342

fdic.gov

NCUA

Former credit union members may be able to find money at the National Credit Union Administration (called NCUA). When a federally insured credit union is liquidated, the NCUA--through its Asset Management and Assistance Center, called AMAC--pays lost deposit amounts back to the credit union's members. Note, however, that funds not claimed within 18 months of the credit union's liquidation will be treated as uninsured. In cases where surplus funds remain after the liquidation, the excess cash will be distributed to the credit union's shareholders.

AMAC

4807 Spicewood Springs Road

Suite 5100

Austin Texas 78759

512-231-7900

ncua.gov

SEC

If a securities violation resulted in your having lost money, the U.S. Securities and Exchange Commission (SEC) may be able to direct you to the Disbursement Agent, Receiver, or Claims Administrator appointed to return your funds. The SEC monitors and enforces securities laws. A claims fund is created when funds are recovered due to a corporation's violation of those laws. The recovered funds are distributed to investors according to an approved plan if they can be located.

SEC Headquarters

100 F Street, NE

Washington, DC 20549

202-942-8088

sec.gov

IRS

Contact the Internal Revenue Service if you lost your tax refund in the mail or by some other means. By logging onto the Internet and filing a claim, you can find out if you are eligible to receive a replacement check.

IRS Headquarters

1111 Constitution Ave. NW

Washington, D.C. 20224

1-800-829-1040

irs.gov

References

• FDIC: Unclaimed Funds
• National Credit Union Administration: Unclaimed Deposits
• U.S. Securities and Exchange Commission: Investors Claims Funds
• IRS.gov: Where's My Refund- It's Quick, Easy, and Secure.

Resources

• USA.gov: Government May Owe You Money