DES MOINES, IA – State Treasurer Roby Smith is highlighting Unclaimed Property Day, held annually on February 1, by unveiling a new display at the Iowa Capitol showcasing items found in safe deposit boxes from over the years currently held in safekeeping. The display, unveiled ahead of Unclaimed Property Day, serves as a visual reminder that there are many items — stocks, cash and abandoned checking accounts — being held in safekeeping until they can be reunited with their rightful owners. “Right now, there’s more than $648 million being held in safekeeping and it belongs to rightful owners, not the State,” said Treasurer Smith. “This display helps put into perspective some of the items we receive each year from safe deposit boxes and serves as a reminder for everyone to take a few minutes to search GreatIowaTreasureHunt.gov for what may rightfully be theirs.”

Each year, financial institutions, businesses and government entities turn over unclaimed property to Great Iowa Treasure Hunt after being unable to contact the owner for a time period set out in state stature. The office holds these funds in safekeeping and works to reconnect Iowans with their property.

Treasurer Smith stands next to new display in the Iowa Capitol on January 28, 2026. Photo is available for media use with credit to Iowa Treasurer’s Office. (press release photo)

The new Capitol display is located in the State Treasurer’s Office next to the State Vault and includes information on common types of unclaimed property and a QR code directing visitors to GreatIowaTreasureHunt.gov where people can search their name, the name of their favorite business and so much more. “Checking for unclaimed property is simple, secure and takes less time than brewing your morning coffee,” Smith said. “I encourage every Iowan — whether you’ve lived here your whole life or moved here recently — to search your name and see if you are among the one in seven with something to claim.”

Unclaimed Property Day is observed annually to raise awareness about the importance of reuniting individuals with their lost or forgotten assets. Connect with the Treasurer on Facebook, Instagram and X to stay informed of updates and news.