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WaMu has unclaimed money for former customers

July 22, 2010 5:19:33 PM PDT
Washington Mutual bank is long gone, but it has left behind a trail of unclaimed money.

7 On Your Side's Michael Finney says thousands of former customers have some cash coming. It's a lot of cash too -- $90 million in California alone, just sitting waiting to be claimed.

This all came about after Washington Mutual was bought out by Chase Bank back in 2008, when many customers left their money in WaMu accounts.

Those unclaimed accounts have since been transferred to the FDIC.

Now, the government is turning all that money over to the unclaimed property departments in each state.

About 350,000 customers in California are entitled to claim their part of that $90 million and they have 10 years to claim it.

To find out if you're one of them, go to the California state controller's website.


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