Veterans life insurance

Maine holds unclaimed war bonds from the 1940s

The state is trying to find the owners of several Series E, defense and wartime bonds that are currently held by the Maine Treasurer’s Office under its unclaimed property program. The actual documents for the bonds were found in an abandoned safe. deposit boxes at Maine financial institutions. Treasurer Henry Beck said the bonds were issued between May 1941 and June 1980 as defense bonds, with maturities of 30 to 40 years. “As we approach Veterans Day to honor those who have served in defense of democracy and freedom, we remember that the American people have come together to support our armed forces by purchasing war savings bonds,” Beck said. “Our office has kept these bond documents for decades, and now we need your help in finding the rightful owners who have supported our country and our troops.” Unclaimed property consists of cash and other financial assets that are considered lost or abandoned when an owner cannot be located after a specified period of inactivity. It includes things like bank accounts, uncashed checks, life insurance policies, unpaid wages, stocks, and dividends or refunds. The Office of the State Treasurer receives the contents of approximately 100 safes each year. Safes are presumed abandoned when the property and product remain unclaimed by the owner for more than three years after the expiration of the lease or rental period on the box or other deposit. Tens of millions of dollars go unclaimed by Maine residents each year. The Treasury holds these goods, free of charge, until they are claimed by the owner or the heir. The state currently holds over $290,000,000 in unclaimed property. For more information, email [email protected] or call 207-624-7470. Click here to see if you have unclaimed property.

The state is trying to find the owners of several defense/war era Series E bonds currently held by the Maine Treasurer’s Office under its unclaimed property program.

The actual documents for the bonds were found in abandoned safe deposit boxes at financial institutions in Maine.

Treasurer Henry Beck said the bonds were issued between May 1941 and June 1980 as defense bonds, with maturities of 30 to 40 years.

Maine Treasurer’s Office

“As we approach Veterans Day to honor those who have served in defense of democracy and freedom, we remember that the American people have come together to support our armed forces by purchasing war savings bonds,” Beck said. “Our office has held these bond documents for decades, and now we need your help in finding the rightful owners who have supported our country and our troops.”

Unclaimed property consists of money and other financial assets that are considered lost or abandoned when an owner cannot be located after a specified period of inactivity. It includes items such as bank accounts, uncashed checks, life insurance policies, unpaid wages, stocks, and dividends or refunds.

The Office of the State Treasurer receives the contents of approximately 100 safes each year. Safes are presumed abandoned when the goods and products remain unclaimed by the owner for more than three years after the expiration of the lease or rental period on the safe or other deposit.

Tens of millions of dollars go unclaimed by Maine residents each year.

The Treasury holds these goods, free of charge, until they are claimed by the owner or the heir. The state currently holds over $290,000,000 in unclaimed property. For more information, email [email protected] or call 207-624-7470.

Click here to see if you have unclaimed property.