Madison
Unclaimed Property
There are currently 1,350 unclaimed property records worth $302,500 being held for Madison, California residents by the state. Notable holders include Dignity Health Medical Foundation with $873.14 and Wells Fargo Bank with $1,700 in unclaimed funds.
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Unclaimed Property in Madison
Madison's substantial unclaimed property holdings reflect the area's agricultural economy and proximity to major healthcare systems in Yolo County. Dignity Health Medical Foundation leads local holders with $873.14, typically representing uncashed insurance reimbursements or medical refunds from their extensive Northern California network.
Wells Fargo Bank's $1,700 contribution likely stems from dormant accounts tied to Madison's farming families and seasonal agricultural workers who may have moved between harvests. The high concentration of premium refunds (158 records) suggests many residents have unclaimed insurance payments, possibly related to crop insurance or health coverage changes during agricultural transitions.
Given Madison's small size and rural character, these unclaimed funds represent a significant per-capita opportunity for longtime farming families and residents connected to the area's agricultural heritage.
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Companies Holding Madison Property
These companies hold the most unclaimed property from Madison residents
Frequently Asked Questions
How much unclaimed money is being held for Madison residents?
Currently, $302,500 in unclaimed property is being held across 1,350 records for Madison residents, with an average claim value of $228.13. This represents only California state records, so the total amount including federal and other state holdings could be significantly higher.
Which companies are holding the most unclaimed property from Madison?
The top holders are Dignity Health Medical Foundation ($873.14), Wells Fargo Bank ($1,700), and General Electric Company ($47.79). Wells Fargo typically holds dormant bank accounts and uncashed checks, Dignity Health holds unclaimed medical refunds and insurance reimbursements, while General Electric usually has unclaimed wages or vendor payments.
What types of unclaimed property are most common in Madison?
The most common types are refunds due (194 records), premium refunds (158 records), and credit balances from accounts receivable (154 records). Refunds due typically include overpayments to businesses or government agencies, premium refunds are uncashed insurance payments, and credit balances represent money owed back to customers from various accounts.
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 $500 often process faster, while larger amounts may require additional verification. Our search is instant, but the state's claim processing timeline varies based on the complexity of your case.
Is there a deadline to claim unclaimed property in Madison?
California holds unclaimed property indefinitely with no deadline to claim. However, you should search now because unclaimed accounts may continue growing with interest, companies frequently merge or change names making future claims more difficult, and inflation gradually erodes the purchasing power of your money over time.
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