Los Alamitos
Unclaimed Property
There are currently 49,027 unclaimed property records worth $7.2 million being held for Los Alamitos residents by the state of California. Among the largest holders is Capital One NA with $78,700 in unclaimed funds, followed by Interinsurance Exchange of the Automobile Club holding $52,500.
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Unclaimed Property in Los Alamitos
Los Alamitos has accumulated substantial unclaimed property due to its unique position as a military community adjacent to Los Alamitos Joint Forces Training Base and its high concentration of aerospace industry workers who frequently relocate for defense contracts. The significant holdings from Capital One NA ($78,700) and Interinsurance Exchange of the Automobile Club ($52,500) reflect the area's military families who often change banking relationships during Pcs moves and maintain multiple auto insurance policies across state lines.
The Walt Disney Company's $1,400 in unclaimed property likely stems from Los Alamitos residents' employment at nearby Disney facilities in Anaheim, where stock dividends and final paychecks often go unclaimed after job changes. Given the city's proximity to major defense contractors like Boeing and Raytheon, many unclaimed funds originate from employees who relocated without updating their addresses with HR departments, particularly affecting residents near the Rossmoor and Los Alamitos Race Course areas where many military retirees have settled.
Los Alamitos ZIP Codes
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Companies Holding Los Alamitos Property
These companies hold the most unclaimed property from Los Alamitos residents
Frequently Asked Questions
How much unclaimed money is being held for Los Alamitos residents?
California is currently holding $7,200,000 in unclaimed property across 49,027 records for Los Alamitos residents, with an average claim value of $151.59. This represents only California state records and doesn't include federal agencies or other states where residents may have lived or worked previously.
Which companies are holding the most unclaimed property from Los Alamitos?
The top holders are Capital One NA with $78,700 (typically from dormant checking and savings accounts), Interinsurance Exchange of the Automobile Club with $52,500 (usually uncashed insurance claim checks and policy refunds), and The Walt Disney Company with $1,400 (commonly unpaid wages, stock dividends, or employee benefit distributions).
What types of unclaimed property are most common in Los Alamitos?
The most common types are dividends with 6,432 records (unpaid stock dividends and investment distributions), credit balances and accounts receivable with 4,945 records (overpayments and unused account credits), and refunds due with 3,562 records (overpayments to utilities, insurance, or other services).
How long does it take to claim unclaimed property in California?
Most unclaimed property claims in California are processed within 60-90 days after submitting complete documentation. Claims under $100 with simple verification typically process faster, while larger amounts or complex ownership situations may take additional time for review.
Is there a deadline to claim unclaimed property in Los Alamitos?
California holds unclaimed property indefinitely with no deadline to claim, but you should search now because interest-bearing accounts may continue growing, companies frequently merge or change names making future claims more difficult to trace, and inflation gradually reduces the purchasing power of your money over time.
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