Pasadena
Unclaimed Property
There are currently 443,345 unclaimed property records worth $89.3 million waiting to be claimed by Pasadena residents and former residents. Major holders include Anthem Inc with $896,200 and Citibank N.A. with $665,400 in unclaimed funds.
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Unclaimed Property in Pasadena
Pasadena's substantial unclaimed property total reflects the city's unique mix of major employers, educational institutions, and transient populations. The Rose City's proximity to Caltech, Art Center College of Design, and Pasadena City College creates a constant flow of students and faculty who move frequently, often leaving behind dormant accounts and forgotten deposits.
Anthem Inc's $896,200 holding likely stems from the company's significant presence in California's healthcare sector, while Citibank's $665,400 represents uncashed checks and dormant accounts from the bank's extensive Southern California operations. Areas near the Pasadena Civic Center and Old Town tend to show higher concentrations of unclaimed business-related funds, while residential neighborhoods around the Huntington Library district often yield forgotten utility deposits and insurance refunds from the area's frequent property transfers.
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Companies Holding Pasadena Property
These companies hold the most unclaimed property from Pasadena residents
Frequently Asked Questions
How much unclaimed money is being held for Pasadena residents?
Currently, $89.3 million in unclaimed property is being held for Pasadena residents across 443,345 individual records. This represents only California state records, so the actual total including federal and other state holdings may be higher. The average claim size of $205.79 suggests many residents have meaningful amounts waiting to be claimed.
Which companies are holding the most unclaimed property from Pasadena?
The top three holders are Anthem Inc ($896,200), Citibank N.A. ($665,400), and Green Dot Bank ($198,300). Anthem typically holds unclaimed insurance benefit payments and premium refunds, Citibank holds dormant checking and savings accounts plus uncashed checks, while Green Dot Bank primarily holds funds from prepaid card accounts and mobile banking services that went inactive.
What types of unclaimed property are most common in Pasadena?
The most common types are credit balances and accounts receivable (41,202 records), refunds due (31,893 records), and unredeemed gift certificates (31,497 records). Credit balances typically include overpayments to utilities or loans, refunds due represent money owed back from various services, and unredeemed gift certificates are unused store credits and gift cards that companies must turn over to the state.
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. Simple claims under $500 with clear ownership typically process faster, while larger amounts or complex estates may take 3-4 months. Our search provides instant results, but the official claim process through California's system requires verification time.
Is there a deadline to claim unclaimed property in Pasadena?
California holds unclaimed property indefinitely with no expiration deadline, but there are compelling reasons to search now. Interest-bearing accounts continue growing over time, but company mergers and name changes can make properties harder to locate later. Additionally, inflation gradually erodes the purchasing power of your money while it sits unclaimed, making immediate recovery more valuable.
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