U.S. Bank
Unclaimed Property

U.S. Bank currently holds $36.7 million in unclaimed property across 74,537 individual records in California, representing one of the largest pools of unclaimed funds from a single financial institution. These unclaimed assets typically result from dormant checking and savings accounts, forgotten certificates of deposit, abandoned safe deposit box contents, uncashed cashier's checks, and unredeemed rewards or rebate programs where customers moved without updating their address or lost track of accounts during bank mergers.

U.S. Bank represents unclaimed property from U.S. Bank's Payment Account Resolution Services division, which handles dormant banking products including checking accounts, savings accounts, certificates of deposit, money market accounts, credit card rewards, mortgage escrow refunds, and safe deposit box contents. Customers commonly lose track of these assets when they move without providing a forwarding address, close accounts with small remaining balances they forgot about, or fail to claim automatic deposits like tax refunds or payroll direct deposits after changing jobs.

The highest concentrations of claims are found in Los Angeles ($8.2M), San Francisco ($4.1M), and San Diego ($2.8M), reflecting U.S. Bank's strong presence in these major metropolitan markets where the bank operates hundreds of branch locations. As one of the nation's largest banks, U.S. Bank has undergone numerous acquisitions and system conversions over the decades, meaning some account holders may not immediately recognize the "Pars" designation or may have originally opened accounts under different bank names that were later acquired by U.S. Bank.

The average claim from U.S. Bank is $492.