Advertiser Disclosure

What Happens to Inactive Bank Accounts

Ever wonder what happens to a bank account that is forgotten about? Inactive bank accounts have a less than glamorous fate - here's how to avoid them.

inactive bank account

Having a bank account go dormant may commonly be thought of as a rare occurrence, but it happens to many banking customers.

Some tend to forget about them. Others simply don’t use them on a regular basis.

Often, a family member dies and passes down a bank account without the heir knowing it.

Whatever the reason may be for an account to fall dormant, nobody wants to see their money disappear.

While the money still technically belongs to the customer, it becomes a hassle to get the money back from the state (where inactive account balances are sent to).

What happens to inactive bank accounts?

If service fees haven't already drained the balance on the account, an inactive bank account is turned over to the state treasury, where the owner must go in order to retrieve their funds.

Where Does the Money Go?

Here's a typical outline of what happens to a dormant bank account:

1. The account is dormant for a specific period of time.

Generally, a time frame of 3 to 5 years with no customer-initiated activity sends an account into dormancy.

Activity that will help to avoid an inactive account usually includes:

  • Depositing or withdrawing funds
  • Confirming an active account with the bank (may require filling out a form)
  • Written correspondence to the bank regarding your account

The amount of time that must lapse depends on the state in which the bank account was opened.

2. An attempt is made to contact the account holder.

Before sending the account to the state, the bank must try to notify the account holder.

If the customer does not respond within a certain amount of time, the balance on the account will be turned over to the state.

3. The bank turns the account over to the state.

In a process what is called “escheating” an account, banks are required to turn over funds from the inactive account to the state treasury.

Once the account is sent to the state, the funds are held as unclaimed property.

To reclaim your money, you will have to contact your state for the instructions on how to get your money back.

You'll need to complete and submit a claim form along with the necessary identification.

If you happen to have unclaimed property held by the state, you can begin the retrieval process by visiting

Avoid Letting Your Accounts Go Dormant

1. Review your bank accounts regularly.

By doing this, you can identify which accounts to close to becoming officially inactive.

Shift the funds to another account to make it less of a worry. To make this easier, use money management software.

2. Create account activity with automatic transfers and scheduled payments.

With automated transactions, keeping your account active should not be a problem.

You can set up an automatic transfer of a small amount into your savings account or make monthly bill payments from your checking account.

3. Keep your address and contact information updated on your bank accounts.

If you keep your address up-to-date, you'll be less likely to miss the final notification before an account is turned over to the state.

If you allow the state to escheat an account, it could take months or even years to reclaim your funds.

Watch Out for Fees

Depending on the account and the bank, your account may be hit with a dormant account fee.

The dormant account fee is charged after a specific period of time with no customer account activity. Usually, this time period ranges from 6 to 12 months.

The fee is charged for every month that the account is inactive -- until the point where the bank determines that it is time to turn the account over to the state treasury.

What are the dormant account fees charged by the biggest U.S. banks?

Dormant (Inactive) Account Fees

Bank Dormant account fee
Bank of America None
Chase None
Wells Fargo None
Citibank None
U.S. Bank $5 per month (after four consecutive months of inactivity)
Capital One None (escheatment after 24 months of inactivity)
SunTrust $15 per month (after 12 months of inactivity) (only applies to Florida accounts)
TD Bank None
PNC Bank $20 upon escheatment (only applies to Philadelphia accounts)
BB&T None
Santander $50 upon escheatment (after 12 months of inactivity)
Regions None
Fifth Third Bank $5 per month (after 395 calendar days of inactivity) (only applies to accounts with balances of less than $100)
M&T None
Union Bank None
Citizen's Bank $10 per month (after 12 months of inactivity); $5 per month thereafter (12 months for checking or 24 months for savings; $50 escheatment fee (after 24 months)
BBVA Compass $5 per month (after 12 months of inactivity)
BMO Harris None (escheatment after 36 months of inactivity)
Ally None

Compare Best Accounts Now

Ask a Question

Tuesday, 15 Feb 2022 4:51 PM
<p>Hi my husband bought Cd's in 1998 and forgot about them the Summit bank closed and turned into the Fleet then into Bank of America. He went their to inquire and they sent him to the echeation funds. However, the names weren't their either. Can someone give us another way to research if the institutions are closed and the new one is stating they don't have the information.</p>
Thursday, 23 Dec 2021 3:55 PM
<p>Now you tell me...</p>
Thursday, 25 Nov 2021 11:52 PM
<p>You have off from school for Thanksgiving I guess. Enjoy your long weekend kid. You got school on Monday.</p>
Thursday, 25 Nov 2021 12:14 AM
<p>Lmfao yeah u big mad</p>
Saturday, 30 Oct 2021 4:52 PM
<p>Seems like you care enough to respond after 3 months. You must love me Julia. Oh and I thought you deleted Apex? Lying queer.</p>
Tuesday, 26 Oct 2021 9:15 PM
<p>Those are useless</p>
Tuesday, 26 Oct 2021 9:03 PM
<p>U really don't like me huh that's why u follow ms around everywhere I leave a comment huh</p>
Friday, 22 Oct 2021 3:14 AM
<p>Thats worthless stocks better off</p>
Friday, 22 Oct 2021 2:21 AM
<p>Bartering and trading is better</p>
Saturday, 07 Aug 2021 5:59 AM
<p>You are really stupid aren't you. Go back to a barter and trade system? When did we do that last?</p>
Tuesday, 29 Jun 2021 8:19 PM
<p>You still losing money then gold is not a guaranteed investment if money collapses we go back to a barter and trade system .</p>
Tuesday, 08 Jun 2021 10:53 PM
<p>Is there a charge for activating an account for the past 3 years when the person has died and you will revive the said account ??</p>
Monday, 07 Jun 2021 9:30 PM
<p>Believe it or not it is to help protect against fraud. Dormant and inactive accounts are more susceptible to fraud.</p>
Wednesday, 05 May 2021 3:11 AM
<p>My bank has no record of a CD I purchased. None. I have contacted just about everyone I can and nothing. I am resigned to say I have lost all my money of the CD. I have given them copies of the contract and CD. But they say they have no record of it and since I waited so long to cash it there is nothing that can be done. I have been with the same bank since the CD was issued. No change to my address. No change in bank account. But they have no record. Is there anything I can do? Sure could use the money. They never notified me of any changed etc. Thanks.</p>
Tuesday, 13 Apr 2021 2:38 PM
<p>Hi, My deceased father's bank account containing over $9,000.00 was escheated in January 2020 by the Suntrust Bank in Florida. They have told me the funds were transferred to GA but did not have a reference number. I have all the original bank statements and a letter from Suntrust Bank. I have searched for my father's name in Georgia and in Florida on the unclaimed property websites but his name does not appear.<br>I am getting nowhere with the Bank. Any ideas?</p>
Wednesday, 10 Mar 2021 12:27 AM
<p>I am having a problem with Regions Bank, I did not use their web page for 5 - 6 months and they inactivated my account. They insist that I must go to a physical branch in order to gain access to their web page; I have made deposits through third persons three times, but I live outside US and cannot travel as it would cost me more money to travel that what I have in the account. I have called many times, witten e-mails, talked to the branch Manager, but they offer no alternate solution. Any suggestions ?</p>
Wednesday, 24 Feb 2021 5:48 PM
<p>The government changed the banking laws years ago and banks can seize your money anytime they run short and there is nothing you can do about it. GET OUT OF TRADITIONAL BANKS, Savings Unions are member owned and give you a better chance.</p>
Wednesday, 24 Feb 2021 5:41 PM
<p>I have some precious metal and it isn't the easiest thing to get. I also have some crypto again not the easiest to get. Fiat money is eat up by the government and their overspending that has reduced the dollar I graduate with to $0.02 and the bank charges me to put my money there, questions me on what I what I want to do with MY money, and questions me about how I want to use MY money. Their attitude is that when I put it in their bank it became their money and I have to justify using it for MY purposes - not what the consumer thinks bank is for.</p>
Monday, 04 Jan 2021 7:49 PM
<p>I am trying to find out if I had an account ending in a particular number. I only have the 4 digits.</p>
Saturday, 02 Jan 2021 2:43 PM
<p>Ever since the FED was set up banks have been rip off institutions. If they make bad decisions (as in 2008) we bail them out of trouble, if they hold our money and make it inaccessible to us while using it themselves, it's okay. It is all roundly crooked and will become much more so if the great reset occurs and there is no such thing as cash any longer.</p>
Saturday, 02 Jan 2021 2:38 PM
<p>Not if you buy gold, silver, or platinum.</p>
Saturday, 03 Oct 2020 3:28 PM
<p>Quit expecting everyone to do for u welcome to real world u have to take charge of ur own finances</p>
Saturday, 03 Oct 2020 3:25 PM
<p>U loseing money to inflation and soon places going to be cashless most jobs require direct deposit</p>
Saturday, 03 Oct 2020 3:23 PM
<p>Checks are old school banks are updated now a days have new requirements</p>
Saturday, 03 Oct 2020 3:22 PM
<p>Some banks do require a pin number to access your account and safety deposit boxes may i referenced the da vinci code movie when they needed the account number to access there safety deposit box which was grabbed for them by a robotic arm thing js technology is developing rapidly.</p>
Wednesday, 15 Apr 2020 3:47 PM
<p>I had a dormant account with M&amp;T Bank after moving to Florida where M&amp;T is not present. I admit that I didn't do anything with it for years - there was a total of $204.46 in an EZChoice Checking account. I relocated up north again for the upcoming birth of twin granddaughters and placed a 'forward' on my mail at my local Sarasota PO. Then Covid-19 happened and I've been quarantined at a family member's house in MD. Last week I received a forwarded 'final' bank statement from M&amp;T stating my $204.46 was escheated to the State and showing a ZERO balance. This was my first piece of mail from M&amp;T, yet they claim they 'would have' sent me a notice letter 90 days before the escheat - a notice I never received. The bank said they would have sent it to the state of the last address on the account, which would have been Florida. FYI: I am not in the database for unclaimed property in Florida. One other note of interest: When I put in a 'forward' in Sarasota, I used my sister's address in MD because my son &amp; his wife life in Eldersburg, MD and I knew I'd be traveling there often after the birth of the girls. My intent was to permanently relocate to Ocean View, DE, but didn't want to change my address twice in a few months, so I did the forward so I could receive my mail in the interim. What I didn't realize was that the 'forward' changed my address across the board with all government entities - Social Security, Medicare, etc. This prompted me to think that the money was possibly sent to the State of Maryland unclaimed property since everyone seems to think that I moved here permanently. HOWEVER, my name is also NOT listed in the MD unclaimed property site. Both these government entities are overwhelmed with the state of Covid-19, I presume, so neither answer the phone. How do you file a claim for your money when your name is present in the database???? I am unable to leave my sister's house and therefore can't work, so I can ill-afford to give up $204.46 to the state, especially when I wasn't given a chance to ask for it to be sent to me in the first place. Any suggestions are appreciated because I'm at a loss as to what to do next.</p>
Sunday, 16 Feb 2020 7:13 PM
<p>I have a letter sent to our home addressed to a previous owner from the Wells-Fargo Bank stating that this person's bank account will be forwarded to the state if he does not claim it by March 23, 2020. How do I contact this individual to forward the letter to him so he doesn't lose his money? How do I track this person down? I would hate to see him lose it...</p>
Tuesday, 03 Dec 2019 8:02 PM
<p>Wow, you are an a$$hole. Have a bi-polar wife who hides money and tells nobody about it. Then she dies. Do you have any f'ing clue how hard it is to find out this info? Plus they don't report it for 3-7 years. She has only been gone a little over 2 years. The banks we dealt with for years had no issue helping me. Its the ones I don't know about that is the problem.</p>
Friday, 03 May 2019 2:24 AM
<p>Have you checked <a href=";cuid=15643" rel="nofollow noopener" title=""></a> to see if the state treasury is in possession of those funds? Have you reached out to the bank to find out what happened to the account? Are you able to contact the parents to find out if they happen to know what happened to the account, since documents were last sent to them?</p>
Tuesday, 26 Mar 2019 2:08 AM
<p>Trust acct for Children closed by the bank for inactivity without notice. Fact last documents were sent to parents home instead of on mine. How do I get this money back? Note only had these accts since 2012</p>
Monday, 11 Mar 2019 5:45 PM
<p>If the account had a very large balance and was never turned to the state treasury, you should reach out to the bank to find out what happened to the account funds.</p><p>If you have trouble doing so, you may reach out to the Consumer Financial Protection Bureau for an investigation: <a href=";cuid=15643" rel="nofollow noopener" title="">https://www.consumerfinance...</a></p><p>Now, if the balance was low, it is possible that fees or other transactions have depleted the account entirely -- leaving nothing to hand over to the state treasury.</p>
Monday, 11 Mar 2019 5:39 PM
<p>Yes, the policies can vary from bank to bank. Through our research, we found that banks don't specify what type of transaction (included automated transfers and direct deposits) would be required to avoid inactive status.</p><p>After all, it is very possible for someone to completely automate their finances in a way that doesn't require manual transactions or even logging into one's account.</p>
Monday, 11 Mar 2019 5:36 PM
<p>The bank would require a transaction of any kind. So, yes, a deposit would stop the account from being classified as "inactive." However, after a certain period of time, the account may have already been turned to the state treasury. At this point, you cannot reactivate it. You'd have to try to claim the remaining funds (if any).</p>
Thursday, 07 Mar 2019 2:55 PM
<p>I can't speak for every bank's policy but not sure if setting up auto transfer should be listed as a recommendation to avoid inactive status. I know at least one bank I've dealt with still doesn't count that transaction type as "activating" the account. Their contention presumably is an account holder could've passed away and still receiving/sending auto transfer. Manual transfers that are placed in piecemeal would however correct the issue unless I'm mistaken. I know the latter would probably be more inconvenient.</p>
Wednesday, 05 Sep 2018 11:04 PM
<p>My nephew has a dormant acct. which was active in 1997, his mother had the acct booklet and it wasn't discovered til two days ago. My sister passed in 2011 due to Alzheimer. We already know the acct is closed and the funds were NOT given to the state unclaimed (CA) property dept. because I've checked on the state's website. Is there a way to get the bank to give back the balance plus interest?</p>
Monday, 07 May 2018 5:50 PM
<p>Yeah, In MO probably owes the bank $100 with all fees that were charged.</p>
Wednesday, 06 Dec 2017 11:20 AM
<p>If an account is dormant do PNC bank require funds to be deposited to activate the account again. I am a partner of the account holder and i dont have signing authority</p>
Wednesday, 25 Oct 2017 1:41 PM
<p>This sounds very much like a scam. Go to a branch of the bank to confirm this.</p>
Saturday, 21 Oct 2017 4:00 PM
<p>I transfer money monthly to several of my accounts yet that's not considered activity. Have to contact them constantly. Signed a letter one sent me to keep the account active yet they closed it anyway. Totally pissed. I'll be transferring my money to a different bank now!</p>
Thursday, 28 Sep 2017 8:45 AM
<p>scam alert - no bank asks for money, let alone for a PIN number... Any bank transaction costs are paid afterwards.</p>
Wednesday, 27 Sep 2017 12:47 AM
<p>I just found out that I have a bank account in new York sun trust bank ok it possibly is my inheretince from my grandfather they r telling me to transfer the money into a bank account of my denomination but to get the 4 digit activation PIN the accounts department informed them that I need to pay 2,800 and some cents to get this pin number , I believe they are scamming me but it's hard to tell if it might be real or not I do have an inheretince I just don't know where to find it ... Bunny Hare / wells</p>
Monday, 25 Sep 2017 4:21 AM
<p>I get SSI every single month I take rent money out of the ATM I use Amazon often and pay some bills online other bills they take out automatically like Hulu and Netflix but I stopped paying Hulu and Netflix past couple months but everything else is the same! I do direct deposit so SSI goes in every month I do transactions and once in a while add funds from friends/family and bf! I was with Bank of America but ones near me in PA sold out to Community Bank NA few years ago! Anyways since community Bank took over they keep saying that my account is inactive doesn't make since it's a free checking account no monthly fees unless there are overage fees! I get paper statements every month! I use money of games, Amazon, food, rent, bills exct so there are actual transactions sometimes I go into the bank to get money! So how in the world is my account inactive if money is always deposited and transferred and taken out every single month since they took over! I tried looking up my account balance at midnight so couldn't talk to someone! Tomorrow as soon as I get the chance I will call them and ask them about this abomination they call a bank why they are playing games with MY money and my loved ones money!</p>
Thursday, 21 Sep 2017 1:38 AM
<p>And what about the senior citizen who forgets? This law discriminates against them.</p>
Thursday, 21 Sep 2017 1:37 AM
<p>Why do banks still need this? With computer sysytems, accounts cost virtually nothing for banks to keep on the books.</p>
Wednesday, 23 Aug 2017 8:07 PM
<p>To find out if you have bonds that may have been issued in your name, you'd have to use Fiscal Service Form 1048: <a href=";cuid=15643" rel="nofollow noopener" title="">https://www.treasurydirect....</a></p>
Wednesday, 23 Aug 2017 7:58 PM
<p>ICICI Bank is not an FDIC-insured bank in the United States. But, for ICICI, it appears that the account will continue to incur charges until you close it You should ask what happens if you opt to close the account.</p>
Monday, 21 Aug 2017 11:50 PM
<p>How can we find out if we have unclaimed accounts??? My parents had a bond for me but never knew what to do on going about where to start looking for it. I know they put some money in there but just don't know how to find this lost account any idea??? I've tried my parents names but I've got nothing. Also I remember my dad always telling me and showing me a piece of paper with my name saying it was under my name.</p>
Thursday, 17 Aug 2017 2:51 PM
<p>I have opened ICICI bank account in Oct 2016. I didn't put any money in that, didn't do any transaction, updation etc from the beginning. It's almost two years now. I have contacted ICICI and they've said that I can make the account active by doing a transaction and I might receive penalty for keeping the account inactive all this while. It's okay for me to leave the account in dormant state. Will there be any problems if I leave the account like that? Do I need to pay any penalty even if I won't use that account? Please help me in this regard. Thank you.</p>
Wednesday, 09 Aug 2017 3:23 PM
<p>Great news that you found it! Is it still $50? Note that sometimes fees may have decreased the amount of money that's left.</p>
Monday, 07 Aug 2017 8:24 PM
<p>My mother opened a savings account at UCB when I was 14 in 1967. She opened it with $50.00<br>She passed away in 1968 &amp; I ended up across the U.S. with family but never knew what happened to money in savings account till to day<br>California unclaimed property has it listed so I'm putting in claim hoping I get back my $50.00</p>
Wednesday, 28 Jun 2017 3:55 PM
<p>Good to hear your success story on retrieving your funds! It really helps to show others what do to when they're in a similar situation.</p>
Wednesday, 28 Jun 2017 3:54 PM
<p>It should count as activity on your account. This should be reported to the Consumer Financial Protection Bureau: <a href=";cuid=15643" rel="nofollow noopener" title="">https://www.consumerfinance...</a></p>
Wednesday, 28 Jun 2017 3:51 PM
<p>Many banks offers special benefits for customers who are active military personnel. Benefits often include waived monthly fees and other fees. They may also receive debit cards that waives fees for making transactions abroad or on base.</p><p>USAA, Chase, and Navy Federal Credit Union are examples of financial institutions that cater to military service members.</p>
Friday, 23 Jun 2017 8:17 PM
<p>I had an account with a bank that</p><p>Wells Fargo took over and I assumed it was safe and there for years but when I went in to withdraw there was no record. I went into my state (Virginia) to see if I had unclaimed funds and after filling out my name and Soc. Sec. number up pops Wells Fargo matching my name! They are mailing me forms to complete and reclaim. In any case check online with your state treasury unclaimed funds. It was amazingly easy and I got no help from my bank who just said sorry no record. Thank my lucky stars I found an old record of my checking account as proof.</p>
Friday, 07 Apr 2017 11:26 PM
<p>How do military guys get and keep an account while over seas if the want or need to buy something. Military should make special arrangements for account when they are overseas. What does he do in this case?</p>
Thursday, 23 Mar 2017 2:23 AM
<p>We had $200K in an account from the sale of our home from 2 years ago. We wrote checks on the account every month, but never added any money to it. Just found out today ,from our bank , that our account has been dormant for 1 year and unless we let them know that we don't want it to be dormant, they will turn our money over to the state in one more year. Writing out checks on the account every month to live on doesn't count.</p>
Friday, 03 Mar 2017 9:45 PM
<p>Czar - I don't know what you are babbling about, ivory towers and whatnot, but anyone can make the effort to manage his or her money properly. And anyone can afford to put $5 a month into an account to keep it active.</p>
Friday, 03 Mar 2017 7:21 AM
<p>Laurence, there is a small world outside of the ivory tower. If you look closely, we are very much humans. You high horse is nice but dude stop trampling others under its hooves.<br>Dude your arrogance is dripping off my phone. Reduce it.</p>
Saturday, 25 Feb 2017 2:56 PM
<p>👍 </p>
Thursday, 22 Dec 2016 4:20 AM
<p>"Maintain it properly? " You are a real cad. The bank's job is to maintain the money that people deposit, until the day they go back to get it.</p>
Thursday, 22 Dec 2016 4:18 AM
<p>So insensitive and irrelevant what you say, "she should have been more responsible" I will say the same to you when you get mugged on the street someday. You should have been more responsible and left your wallet at home.</p>
Thursday, 22 Dec 2016 4:16 AM
<p>No, you are not being "intelligent" -- you keep using words like "active" and "maintain" -- this is incorrect. The average person expects that when they put their money in the bank, it will be there fore them when they come back. They don't think they need to "maintain" prod" "knead" or "activate" it.</p>
Thursday, 22 Dec 2016 4:15 AM
<p>Not everyone knows these arbitrary rules. Like, you go to bed at night, and you haven't been moving for a few hours, so I can come in and take your money, right? That's my rule. Why didn't you remain active?</p>
Thursday, 22 Dec 2016 4:13 AM
<p>Why do you say "neglect" --- He simply put his money in what he thought was a safe place, the bank was even charging him for keeping it, and then WHAMMO, they go and steal it. Nothing but thievery.</p>
Thursday, 22 Dec 2016 4:12 AM
<p>I completely disagree. Many people think a bank is a safe place to put their money, and fully expect to find it there when they go back years later.</p>
Saturday, 10 Dec 2016 12:46 AM
<p>If you have never been poor you will never understand. There are many people that $43 is a great deal to them. I don't know the gentlemans situation, but there are many that through no fault of their own are poor, suffer traumatic brain injury, or other situations that leaves them unable to understand how the system works. I grew up very poor myself. The five of us kids began working in fields before age ten in order to buy school clothes and supplies if we needed or wanted them. For us, if we had meat to eat for dinner consisted of fried bologna or wieners fried with BBQ sauce. Real treats at holidays were a canned ham or chicken. My father was the oldest of elen kids in his family. He had to quit school after the 5th grade to work on the farm to help support his siblings and ill mother. He fought in WWII where he learned to read and right. Family was the most important thing to him. Never did we accept any government assistance. We grew up happy and willing to work to help the family. $43 was a lot for us. My father died when I was 16 in 1976 as a result of heart problems due to defects from rheumatic fever as a young child. So please understand that there may be circumstances why his "nest egg" was a lot for him and why he didn't manage his account the way most of us would. By the way, I worked hard, made the military a career. I enlisted and reached, after ten years as an E-7 and then got a commission without a college degree. But, by taking classes at lunch, night, weekends I earned my degree in Business Management and paid it all myself as I had no GI Bill. Maybe TMI, but by being proud of what I did through hard work, I just wanted to put out that $43 may be a lot for him for many reasons. </p>
Friday, 04 Nov 2016 7:25 PM
<p>LaVerne: Not being "cruel" - just practical. And no one's perfect - certainly not me. The point is that if a person can open an account, they can maintain it properly. Otherwise, close the account.</p>
Friday, 04 Nov 2016 11:31 AM
<p>Why are you so cruel to people? So judgmental! Is it nice being so perfect? You don't know what these people's circumstances were before bad things happened to them. </p>
Saturday, 20 Aug 2016 5:50 AM
<p>First, why should he have to. That's his money and he should be able to trust the bank not to steal his money.<br>Personally this is only one reason I don't use banks, I have my own hidden safe and only use cash- no credit cards.</p>
Saturday, 16 Jul 2016 9:41 AM
<p>I work in a bank, informed the customer, and she bit my head off. Scroll down some you'll see what I would've like to say to her. I was just trying to be nice and this is what you get! </p>
Thursday, 23 Jun 2016 8:41 PM
<p>I feel sorry for people who have very little money, and wish I could help them. I am fortunate that I am not poor, but I have been poor, so I know how to appreciate that I now have a sizeable nest egg.</p>
Wednesday, 24 Feb 2016 4:44 AM
<p>There is no activity in my account for a long time, and I don't live in the state any more, I didn't know it could have fallen dormant. Emailing Chse for months, but they don't seem like willing to reactivate my account. It's a little complicated, can I send you an email or something?</p>
Tuesday, 23 Feb 2016 6:30 PM
<p>What exactly is your situation? Did you lose access to your Chase account? Did Chase turn your account funds over to the state?</p>
Friday, 19 Feb 2016 3:08 AM
<p>My chase account falls dormant, and I am trying to talk to chase, can you help me out?</p>
Monday, 04 Jan 2016 3:38 PM
<p>It's unlikely that the bank would return the money that was charged as fees.</p>
Saturday, 02 Jan 2016 8:18 PM
<p>Many banks charge what they call a "maintenance fee" on dormant accounts, such as 5% of the balance deducted for "maintenance" - even though they are collecting interest on the money. This way accounts are gradually drained of funds, and then closed, often without the customer's knowledge. Perhaps that is what happened to your sister's account. <br>But then, she should have been more responsible and kept tabs on her finances. Also, there are thousands of savings accounts, social security accounts, etc. of deceased persons the heirs are unaware of, because the dead people did not keep proper records.</p>
Saturday, 02 Jan 2016 10:31 AM
<p>I told my sister the same thing. She let her account go dormant (it happens!) and the bank never contacted her. She never even received monthly statements. Now she's trying to find out what happened. <br>Sorry Mike, but many banks charge you a non-usage fee, (at least in NY) so that $43 is probably gone. I wonder if they have to return the entire amount or an amount minus their fees?</p>
Wednesday, 25 Nov 2015 6:42 PM
<p>Stop being vulgar - we are having an intelligent conversation. And yes, if a person can open the account in the first place, he can maintain it. Only $5 every three months will keep the account active.</p>
Thursday, 17 Sep 2015 4:39 PM
<p>If he can put money in the account in the first place, he can certainly keep the account active.</p>
Wednesday, 16 Sep 2015 9:07 PM
<p>If $43.75 is a "nest egg" to him, he probably doesn't have an additional $20.00/year to add to the account. The poorer you are, the more the banks put the screws to you.</p>
Friday, 21 Aug 2015 9:27 PM
<p>If customer's are careless and don't pay attention to their finances, this is what they can expect.</p>
Friday, 21 Aug 2015 9:26 PM
<p>So why did you neglect your account for so long? To keep an account from going dormant, all you have to do is add $5.00 or so every 3 months. In most states that's enough to keep an account active.</p>
Thursday, 10 Jul 2014 6:49 PM
<p>how to screw the customer;..let me count the ways!</p>
Friday, 01 Nov 2013 8:49 PM
<p>My checking account balance of $43.75 with PNC Bank was turned over to the State without notifying me in any way. When I called customer service, they said they did not have to notify me if the amount is less than $100.00. I know this isn't much money to many folks, but it was my little nesr egg. The State informed me that I would have to wait three months for the money to show up in their system, then I will have to request forms to fill out and return only to wait another three months for processing before a check could be written.</p>

Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all account options available.

Editorial Disclosure: This content is not provided or commissioned by the bank advertiser. Opinions expressed here are author’s alone, not those of the bank advertiser, and have not been reviewed, approved or otherwise endorsed by the bank advertiser. This site may be compensated through the bank advertiser Affiliate Program.

User Generated Content Disclosure: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.