Jpmorgan Chase Bank
Unclaimed Property

Jpmorgan Chase Bank currently holds $39.2 million in unclaimed property spread across 29,773 separate records in California. This money primarily comes from dormant checking and savings accounts, abandoned safe deposit boxes, uncashed cashier's checks, and closed accounts where customers moved without updating their address.

Jpmorgan Chase Bank is one of the largest commercial banks in the United States, offering checking accounts, savings accounts, mortgages, credit cards, investment services, and safe deposit boxes. Unclaimed property from Chase typically originates from dormant accounts (inactive for 3+ years), uncashed checks, closed accounts with remaining balances, abandoned safe deposit boxes, and dividend payments from Chase investment services where the account holder moved without providing a forwarding address.

The highest concentrations of unclaimed Chase funds in California are found in Los Angeles, San Francisco, and San Diego, which aligns with Chase's significant branch presence in these major metropolitan areas. Chase has undergone numerous mergers and acquisitions over the decades, including the acquisition of Washington Mutual in 2008 and merger with JPMorgan in 2000, which means some account holders may not immediately recognize the 'Jpmorgan Chase Bank' designation when it was originally opened under a different bank name.

The average claim from Jpmorgan Chase Bank is $3.2K.