City of Commerce
Unclaimed Property
There are currently 1,291 unclaimed property records worth $262,500 waiting to be claimed by City of Commerce residents, with an average claim size of $205.20. The largest single holding comes from California Resources Production Corporation at $12,100, while Interinsurance Exchange of the Automobile Club holds $4,000 in unclaimed funds.
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Unclaimed Property in City of Commerce
City of Commerce's substantial unclaimed property pool reflects its unique position as an industrial hub where numerous manufacturing and distribution companies have relocated or restructured over the decades, leaving behind forgotten employee benefits, vendor payments, and security deposits. California Resources Production Corporation, holding the largest amount at $12,100, typically maintains unclaimed royalty payments and lease deposits from the region's historical oil and gas operations that once dotted the area near the Los Angeles River.
The significant holdings from Interinsurance Exchange of the Automobile Club ($4,000) and United Parcel Service Inc ($2,300) reflect the city's role as a major logistics center, where insurance refunds and employee-related payments often go unclaimed when workers transition between the many warehouses and distribution facilities along Washington Boulevard. Given the city's high concentration of industrial workers and the transient nature of employment in logistics and manufacturing, many residents may have unclaimed funds from previous employers without realizing it, particularly in the neighborhoods near the Citadel Outlets where many service industry workers have moved between jobs.
City of Commerce ZIP Codes
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Companies Holding City of Commerce Property
These companies hold the most unclaimed property from City of Commerce residents
Frequently Asked Questions
How much unclaimed money is being held for City of Commerce residents?
Currently, $262,500 in unclaimed property is being held across 1,291 records for City of Commerce residents. This represents only California state records, so additional funds may be held at the federal level or in other states where residents previously lived or worked.
Which companies are holding the most unclaimed property from City of Commerce?
The top three holders are California Resources Production Corporation with $12,100 (typically oil/gas royalties and lease payments), Interinsurance Exchange of the Automobile Club with $4,000 (usually insurance premium refunds and claim payments), and United Parcel Service Inc with $2,300 (commonly employee benefits, final paychecks, or vendor payments).
What types of unclaimed property are most common in City of Commerce?
The most common types are royalties with 350 records (payments from oil, gas, or mineral rights), credit balances and accounts receivable with 174 records (overpayments to businesses or unused store credits), and premium refunds with 147 records (insurance overpayments or unused policy credits).
How long does it take to claim unclaimed property in California?
Most California unclaimed property claims are processed within 60-90 days after submitting complete documentation. Claims under $500 typically process faster, while larger amounts may require additional verification. Our search gives you instant results, but the state's claim processing takes time for security.
Is there a deadline to claim unclaimed property in City of Commerce?
California holds unclaimed property indefinitely with no expiration date, but you should search now because some accounts continue earning interest, companies frequently merge or change names making future claims more difficult, and inflation reduces the purchasing power of your money over time.
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