Treasurer Folwell to Present Check to Biltmore Forest Tuesday Morning | Eastern North Carolina Now | Will Speak at N.C. Municipal Clerks Conference in Asheville in Afternoon

Coronavirus Disease 2019 (COVID-19)
Press Release:

    (Raleigh, N.C.) - State Treasurer Dale R. Folwell, CPA, will splash a little green in the Blue Ridge Mountains at 10:30 a.m. Tuesday, Aug. 23, when he returns missing money to Biltmore Forest as part of his continuing efforts to highlight the Department of State Treasurer's (DST) Unclaimed Property Division (UPD).

    Biltmore Forest is one stop on the treasurer's visit to Buncombe County. He also will be presenting at the N.C. Association of Municipal Clerks' Summer Academy at Renaissance Asheville Downtown Hotel at 1:30 p.m.

    Media attending Friday's check presentation in Biltmore Forest will have an opportunity to ask Treasurer Folwell about That is the repository for 17.6 million properties valued at $1.02 billion under DST's custody awaiting return to the rightful owners. The treasurer also will field questions on other issues of interest during the event, which is open to the public.

    Biltmore Forest is recognized as the second wealthiest community per capita in North Carolina. Mayor George F. Goosmann III will be on hand to answer any questions about the Buncombe County municipality and its operations, and town commissioners also are expected to be in attendance.

    The treasurer will present a check for $806.73 to the mayor. UPD staff discovered the money during routine reviews of data in the system. They determined it belonged to Biltmore Forest, but had been diverted to the state's escheats fund, maintained by DST.

    For the just completed fiscal year through June 30, UPD paid a record-breaking 178,857 claims totaling more than $105.1 million from NCCash. Part of that total has been disbursed through the new NCCash Match program, a no-hassle, expedited system that eliminates paperwork processing. For the same time period, DST paid 102,157 claims totaling about $35.3 million.

    Under state law, UPD receives and safeguards funds that are escheated, or turned over, to DST. The unclaimed property consists of bank accounts, wages, utility deposits, insurance policy proceeds, stocks, bonds and contents of safe deposit boxes that have been abandoned. More information, including how to find out if you are owed money, can be found at

   Phone: (919) 814-3820
Go Back

Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published)
Enter Your Comment ( no code or urls allowed, text only please )

An Introduction to Beaufort County Commissioner Stan Deatherage Press Releases: Elected office holders, Op-Ed & Politics, Bloodless Warfare: Politics Senator argues Earls ‘has no business’ hearing Leandro case


Latest Bloodless Warfare: Politics

On Tuesday, Nov. 1, North Carolina’s Democrat Gov. Roy Cooper held a press conference at the Executive Mansion announcing the creation of a new commission tasked with reforming the University of North Carolina System’s governance.
RALEIGH: Today, Governor Roy Cooper appointed individuals to the Governor's Commission on the Governance of Public Universities in North Carolina.
The Governor joined officials from the NC Poultry Federation, Warren Farms, NC Department of Agriculture and Butterball for Annual NC Turkey Pardon
This week Lt. Governor Mark Robinson visited Machine Specialties Inc. in part of celebrating the 8th Annual National Apprenticeship Week.
RALEIGH: Today, Governor Roy Cooper celebrated Apprenticeship Week by touring the Caterpillar Pre-Apprenticeship Training in Welding Program at Central Carolina Community College.
NC TOWERS Hears Best Practices from UK Offshore Wind Delegation – Encourages Participation in Stakeholder Survey
Our Next Meeting Is Thursday November 17 At 6:00 Pm At King Chicken Restaurant.


(Advance, NC) – US Senator-Elect Ted Budd announced today that Jonathan Felts will serve as the Chairman of the transition team who will manage the process of setting up the new offices as Ted moves from the US House to the US Senate.
Today, U.S. Senator Thom Tillis (R-NC) and his colleagues Tammy Baldwin (D-WI), Susan Collins (R-ME), Rob Portman (R-OH), and Kyrsten Sinema (D-AZ) announced they have reached a compromise on a bipartisan amendment to the Respect for Marriage Act
Governor Roy Cooper signed the following bill into law today: Senate Bill 255 & 43
RALEIGH: Today, Governor Roy Cooper announced appointments to North Carolina boards and commissions.
Twitter’s recent change to their account verification policy has inundated users with tweets from fake accounts impersonating famous people, government entities, and brands.
RALEIGH: Governor Roy Cooper has appointed The Honorable Tonia Cutchin to serve as Superior Court Judge in Judicial District 18E, serving part of Guilford County. The Honorable Susan Bray retired recently and Judge Cutchin will fill the vacant seat created by her retirement.
In Moore v. Harper, the Supreme Court can clarify what role state courts may take in the redistricting process


Back to Top