As many of the lending institutions that we placed our trust, and money, in have failed, their unclaimed money has ended up in the hands of the FDIC. In the interest of finding the rightful owners the money has been turned over to various state organizations to help locate account owners or their heirs. In Washington State alone the Washington State Department of Revenue wants to find the rightful owners of unclaimed $9.8 million in deposits at the former Washington Mutual bank, which failed in 2008.
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