Financial institutions close accounts for inactivity even when earning interest, sending funds to states through escheatment processes that affect savers.

If your bank account has been inactive for years and suddenly won’t let you transact, don’t panic. This happens to a lot of ...

If your bank account sits untouched too long, your money could wind up in your state's unclaimed funds database. Here's how ...

Leaving your money sitting in a savings account might seem safe, but it can quietly lose value, miss out on growth—or even risk being turned over to the state.

The CBN‘s new guidelines focus on two primary categories: dormant accounts and unclaimed balances. While often used interchangeably, these terms represent distinct financial scenarios. A dormant ...

Old, unused Google accounts and all the messages and photos connected with them could be deleted starting Dec. 1. Earlier this year, the company announced plans to start deleting accounts that have ...

Recent analyses from PensionBee shed light on persistent challenges in the US retirement system, including overlooked ...

Google claims that they will not delete all eligible accounts at once, but will delete them in stages. Google will first delete accounts that have never been used. Then it will start to delete dormant ...