Beale Afb
Unclaimed Property
There are currently 5,414 unclaimed property records worth $575,000 being held for Beale Afb residents by the state of California. Major financial institutions like Citibank N.A. alone are holding $73,900 in unclaimed funds from the area.
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Unclaimed Property in Beale Afb
Beale Afb's substantial unclaimed property holdings reflect the unique challenges facing military personnel and their families who frequently relocate for assignments worldwide. The high concentration of funds from major financial institutions like Citibank N.A. ($73,900) and Usaa Federal Savings Bank ($3,400) is typical for military communities where service members maintain multiple accounts across different states and often lose track of smaller balances during Pcs moves.
Additionally, Comcast Cable Communications' $17,100 in holdings likely represents security deposits and final account credits from personnel who departed quickly for deployments or new duty stations without forwarding addresses. The base's role as home to the 9th Reconnaissance Wing means many residents hold top-secret clearances and work irregular schedules, making it easy to overlook routine financial correspondence that could prevent accounts from going dormant.
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Companies Holding Beale Afb Property
These companies hold the most unclaimed property from Beale Afb residents
Frequently Asked Questions
How much unclaimed money is being held for Beale Afb residents?
California is currently holding $575,000 in unclaimed property across 5,414 records for Beale Afb residents, with an average claim value of $108.92. This represents only California state records and doesn't include federal programs or other states where military families may have lived.
Which companies are holding the most unclaimed property from Beale Afb?
The top holders are Citibank N.A. with $73,900 (typically from dormant checking and savings accounts), Comcast Cable Communications with $17,100 (usually utility deposits and final billing credits), and Usaa Federal Savings Bank with $3,400 (commonly from insurance claim payments or closed military banking products).
What types of unclaimed property are most common in Beale Afb?
The most common types are refunds due (950 records), which include overpayments and returned purchases; credit balances in accounts receivable (912 records), typically from overpaid bills or closed accounts with remaining credits; and miscellaneous outstanding checks (319 records), such as uncashed payroll, vendor, or insurance checks.
How long does it take to claim unclaimed property in California?
Most California unclaimed property claims are processed within 60-90 days of submission with proper documentation. Smaller claims under $100 often process faster, while larger amounts may require additional verification. Our search provides instant results, but the state's claim processing timeline varies based on documentation completeness.
Is there a deadline to claim unclaimed property in Beale Afb?
California holds unclaimed property indefinitely with no deadline to file claims. However, searching now is advantageous because dormant accounts may continue accruing interest, companies frequently merge or change names making future claims more complex, and inflation gradually reduces the purchasing power of unclaimed funds over time.
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