Tag: Tennessee Department of Treasury

Tennessee Returns $68 Million in Unclaimed Property to Residents

Peter D'Abrosca
Tennessee State Capitol building

The Tennessee Department of Treasury (TDOT) said Wednesday that it returned more than $68 million in unclaimed property to Tennesseans in Fiscal Year 2023, a record for the state department. 

“Unclaimed property is money that has been turned over to the State by businesses and organizations unable to locate the rightful owners, such as utility refunds, uncashed paychecks, credit balances for overpayments, rental deposit refunds, gift certificates, securities, and abandoned bank accounts,” the department explained. “The Unclaimed Property program is a consumer protection program of the Department of Treasury that works to reunite this missing money with its rightful owner.”

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Tennessee Treasurer Absent from Letter to Bank of America Demanding End to De-Banking Conservatives

Matthew Giffin
David H. Lillard, Jr.

Several state treasurers and other officials sent a letter to Bank of America warning the banking giant of apparently targeting customers with conservative politics by de-banking them—however, Tennessee State Treasurer David Lillard’s signature was absent.

The letter to Bank of America CEO Brian Moynihan said its signatories are concerned that Bank of America has a “track record of discriminating against religious ministries,” a “systemic bias” against politically conservative views, and supporters of former President Donald Trump.

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