News

SALT LAKE CITY – August 13, 2019 – Utah State Treasurer David Damschen today announced that the Utah Unclaimed Property Division reunited a record-breaking $29.3 million in lost property with rightful owners in fiscal year 2019 (July 2018 – June 2019). When a business owes money to an individual it cannot find, it remits those funds to the state’s Unclaimed …

SALT LAKE CITY – June 25, 2019 –Treasurer David Damschen today announced that Skyline High School student, Abby Bowler, placed second in the high school division of the national InvestWrite essay competition. The competition tests students’ knowledge of concepts learned while playing The Stock Market Game, such as portfolio construction, capital markets, stocks, bonds and mutual funds. The spring 2019 …

State Treasurer David Damschen to recognize 37 Utah students and teachers for winning statewide financial education competition SALT LAKE CITY – May 9, 2019 – Students, teachers, government officials and local business leaders will celebrate the 37 winning students and teachers of The Stock Market Game™ spring 2019 statewide competition during an awards banquet on May 10. The banquet, hosted …

SALT LAKE CITY – April 8, 2019 – Utah State Treasurer David Damschen today announced that the Utah Unclaimed Property Division received more than $54.8 million in lost property at the end of 2018. This property comes from sources, such as dormant bank accounts, uncashed checks, safe deposit box contents and unpaid insurance benefits. “We encourage Utahns to check mycash.utah.gov every year …

SALT LAKE CITY – April 2, 2019 –Treasurer David Damschen today announced that Utah’s first annual women’s financial empowerment conference will be held on April 22 at the Sheraton Salt Lake Hotel. Conference attendees will learn how to improve personal and family finances, maximize income, reduce debt, improve credit, start a business, save for retirement and develop a financial support …

SALT LAKE CITY – March 12, 2019 – Utah State Treasurer David Damschen today announced that the August implementation of the new unclaimed property management system has resulted in increased efficiencies and a better user experience. Since the conversion, the average number of properties per claim has increased by 9% due to more robust search technology.   “The new system makes …

SALT LAKE CITY – March 7, 2019 – Utah State Treasurer David Damschen today announced the appointment of Justin Atwater as the director of the newly created Land Trusts Protection and Advocacy Office. During the 2018 general session, the legislature authorized the creation of the office to advocate for Utah trust lands beneficiaries, oversee SITLA and SITFO administrations and help the public understand and support these …

SALT LAKE CITY – February 25, 2019 – Utah State Treasurer David Damschen today announced that Utah is kicking off a savings-focused year with “Utah Saves Week” and urges Utahns to automate their savings. Treasurer Damschen chairs the Utah Council on Financial and Economic Education, an organization comprised of more than 50 private and public entities that share a common …

SALT LAKE CITY (January 15, 2019) – Utah Gov. Gary Herbert and Treasurer David Damschen today announced that S&P Global, Moody’s Investors Service and Fitch Ratings have reaffirmed the State’s AAA credit rating – the highest rating a state can receive. “Utah once again stands out as a leader in the nation for its broad fiscal and economic success, which …