S Pasadena
Unclaimed Property
There are currently 13,902 unclaimed property records worth $2.7 million waiting for S Pasadena residents to claim them. Major holders include Anthem Inc with $33,000 and Discover Bank holding $8,600 in unclaimed funds.
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Unclaimed Property in S Pasadena
S Pasadena's substantial unclaimed property holdings reflect the city's history of aerospace employment and recent tech industry transitions, with many former employees of nearby Jet Propulsion Laboratory contractors leaving behind forgotten accounts when relocating. The high concentration of funds held by Anthem Inc and Discover Bank indicates many residents have uncashed insurance refunds and dormant credit card rewards or deposits from the area's professional workforce.
Properties along Fair Oaks Avenue and the Arroyo corridor show particularly high concentrations of unclaimed funds, likely due to the transient nature of young professionals working in Pasadena's tech sector who moved away without updating addresses. The proximity to Caltech and the Huntington Library has historically attracted educated professionals whose careers often involved multiple relocations, contributing to S Pasadena's above-average per-capita unclaimed property rate of $198.15.
Companies Holding S Pasadena Property
These companies hold the most unclaimed property from S Pasadena residents
Frequently Asked Questions
How much unclaimed money is being held for S Pasadena residents?
California is currently holding $2.7 million in unclaimed property across 13,902 records for S Pasadena residents, with an average claim value of $198.15. This amount continues to grow as more properties are turned over to the state, and these figures only include California state records, not federal or other state holdings.
Which companies are holding the most unclaimed property from S Pasadena?
The top holders are Anthem Inc with $33,000 (typically insurance premium refunds and uncashed claim payments), Discover Bank with $8,600 (usually dormant credit card accounts and unclaimed rewards), and Sallie Mae Inc with $415.78 (student loan refunds and overpayments). These companies represent common sources of forgotten funds in professional communities.
What types of unclaimed property are most common in S Pasadena?
The most common types are dividends with 1,765 records (stock dividends and investment returns), premium refunds with 1,076 records (insurance overpayments and returned premiums), and refunds due with 1,002 records (utility deposits, overpayments to businesses, and miscellaneous refunds). Together these three categories represent over 27% of all unclaimed property in S Pasadena.
How long does it take to claim unclaimed property in California?
Most California unclaimed property claims are processed within 60-90 days after submitting complete documentation, though simple claims under $100 often process faster. While our search gives you instant results, the state's verification and payment process requires time to ensure proper ownership verification and prevent fraud.
Is there a deadline to claim unclaimed property in S Pasadena?
California holds unclaimed property indefinitely with no deadline to claim, but searching now is advantageous because dividend and interest accounts may continue growing while unclaimed, company mergers or name changes can make future claims more complicated, and inflation gradually reduces the purchasing power of your unclaimed funds over time.
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