Davis
Unclaimed Property
There are currently 121,927 unclaimed property records worth $16.5 million waiting for Davis residents to claim them. Pacific Gas & Electric Company alone is holding $452,400 in unclaimed funds from Davis residents, while Comcast Cable holds another $220,000.
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Unclaimed Property in Davis
Davis's substantial unclaimed property total of $16.5 million reflects the city's unique position as a university town with a highly mobile population. UC Davis students and faculty frequently move without updating addresses with financial institutions, leaving behind security deposits, final paychecks, and dividend payments.
The high concentration of funds held by Pacific Gas & Electric Company ($452,400) and Sutter Valley Medical Foundation ($69,700) points to Davis residents' frequent relocations and job changes in the academic and healthcare sectors. Many properties likely originate from the areas near the UC Davis campus and downtown Davis, where rental turnover is highest.
The city's proximity to Sacramento and the Bay Area means many former residents have relocated for career opportunities, inadvertently leaving money behind with their former employers, banks, and utility companies.
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Companies Holding Davis Property
These companies hold the most unclaimed property from Davis residents
Frequently Asked Questions
How much unclaimed money is being held for Davis residents?
California is currently holding $16.5 million in unclaimed property across 121,927 records for Davis residents, with an average claim size of $138.33. This represents only state records and doesn't include federal sources or other states where Davis residents may have lived or worked.
Which companies are holding the most unclaimed property from Davis?
Pacific Gas & Electric Company holds the most at $452,400 (typically utility deposits and final bill credits), followed by Comcast Cable Communications at $220,000 (usually service deposits and overpayments), and Sutter Valley Medical Foundation at $69,700 (commonly uncashed insurance reimbursements and patient refunds).
What types of unclaimed property are most common in Davis?
The most common types are Refunds Due with 21,039 records (overpayments to businesses, tax refunds, insurance claims), Credit Balances from Accounts Receivable with 10,345 records (customer overpayments and credits), and Dividends with 9,110 records (unclaimed stock dividends and investment distributions).
How long does it take to claim unclaimed property in California?
Most California unclaimed property claims are processed within 60-90 days after submitting required documentation. Smaller claims under $100 typically process faster, while larger claims requiring more verification may take up to 120 days. Our search is instant, but the state's claim processing takes time.
Is there a deadline to claim unclaimed property in Davis?
California holds unclaimed property indefinitely with no deadline to claim. However, you should search now because interest-bearing accounts continue growing, companies frequently merge or change names making future claims more difficult, and inflation gradually reduces the real value of your unclaimed money over time.
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