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$1M in WaMu money returned to clients

More than $1 million in unclaimed Washington Mutual funds has been returned to the bank's former customers, the state Department of Revenue announced this week.

Inactive WaMu accounts were turned over to the Federal Deposit Insurance Corp. after the thrift failed, then forwarded to Revenue’s unclaimed property department. The FDIC has turned over $9.8 million to the state, and Revenue has paid 448 claims and is processing 179 more.

Revenue mailed claims forms to the last known addresses of anyone with more than $75 in unclaimed deposits at WaMu, and the names of anyone with more than $25 in unclaimed property were posted at http://claim yourcash.org.

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