June 2, 2017
HORNELL, NY – New York State Comptroller Thomas DiNapoli visited City Hall Friday afternoon with some good news for city residents. The state currently owes Hornell residents a total of $1,334,407.53 in unclaimed funds with a total of 3,375 accounts.
After a warm welcome by Hogan, DiNapoli explained that banks, insurance companies, corporations and the courts are among the many organizations required by law to report dormant accounts to the State Comptroller. These organizations must attempt to notify you by mail and publish the information.
Despite these efforts, many funds remain unclaimed and are turned over to the Office of the State Comptroller who in turn holds the funds until claimed. There is no time limit on how long people have to collect as DiNapoli stated that he is still in possession of monies from the 1940’s-50.
DiNapoli’s staff is currently set up in the main lobby of City Hall for the day and if you cannot make it down it’s very easy to check and see if you have money coming by going to the website www.osc.state.ny.us and search under the unclaimed funds link.
DiNapoli finished his presentation with great praise for the city and especially for Mayor Hogan and presented him with a plaque from his office for his years of dedicated service to the community.