The state of West Virginia has been making significant strides in returning unclaimed property to its rightful owners. In recent months, the Unclaimed Property Division has successfully returned substantial amounts of money to individuals and entities who were previously unaware that they had funds held by the state. Under the leadership of State Treasurer Larry Pack, this initiative has seen remarkable progress.
In February alone, over $5 million was returned to various recipients, marking one of the highest monthly returns in the program’s history. Treasurer Pack expressed his enthusiasm about the rapid pace at which these funds are being returned. He emphasized the importance of public awareness and encouraged residents to regularly check the unclaimed property database. Despite these efforts, a challenge remains: many recipients are not cashing the checks they have received. At the start of the month, only two-thirds of the 2,357 checks mailed in September 2024 had been deposited, leaving nearly $1 million at risk of going uncashed before the expiration date.
To address this issue, Treasurer Pack is urging the public to promptly deposit any unclaimed property checks they have received. Additionally, he encourages everyone to utilize the automated system available through the West Virginia Cash Now program at WVUnclaimedProperty.gov. With nearly $470 million still waiting to be claimed, it is crucial for residents to act swiftly. This initiative not only benefits individuals but also reinforces the state’s commitment to transparency and accountability in managing public funds. By ensuring that unclaimed property is returned efficiently, West Virginia sets an example of responsible governance and fiscal responsibility.
The Dream Bigger Summit, held at the Omaha Design Center, brought together a diverse group of women from various backgrounds, including speakers from Canada and Ireland. The event aimed to empower female entrepreneurs by equipping them with the skills needed to thrive in today's business landscape. One of the key themes was breaking down traditional barriers that have historically limited women's financial opportunities. Through workshops and discussions, attendees explored how societal norms have shaped their attitudes toward money and investment. Many participants left with a renewed sense of confidence, ready to challenge outdated beliefs and pursue greater financial independence.
Megan Hale, the visionary behind the summit, emphasized the importance of shifting mindsets when it comes to women and finance. Historically, men have been conditioned to focus on earning and investing, while women were often taught to prioritize saving and managing household finances. Hale, who transitioned from a therapist to a business coach, recognized this disparity and founded Dream Money—a software tool designed to help female entrepreneurs navigate financial challenges. The summit provided a platform for women like Jenn Diaz, a nurse practitioner opening a skincare business, to gain valuable insights into operations and financial management. For many, the experience was not just educational but transformative, offering tools to overcome self-doubt and embrace their entrepreneurial ambitions.
The summit also highlighted the importance of visibility and voice for women in business. Keynote speaker Jackie McDonald, who traveled from British Columbia, stressed the significance of women stepping into the spotlight and sharing their unique perspectives. She brought her 13-year-old daughter, Mirra, to inspire the next generation of female leaders. Beyond financial success, the summit encouraged participants to address personal well-being, including managing stress and anxiety. Ultimately, the event fostered a community of support and empowerment, reminding women that they have the power to dream bigger and achieve more than ever before.