Are You Missing Money?

Treasurer Magaziner's new YOUR MONEY program has identified 35,000 individuals - with more than $10 million of missing money - who will be automatically reunited with their money during the 2017 holiday season.

Claim your missing money!

While YOUR MONEY will automatically match thousands of Rhode Islanders with their missing money, everyone is encouraged to visit to see if the State is holding YOUR MONEY.

As Treasurer, my mission is to promote economic growth and financial stability for all Rhode Islanders. My team and I are working to accomplish this mission through programs and initiatives which include:

A pension system devoted to ensuring retirement security for Rhode Island teachers, State and municipal employees, public safety officers and other public servants

Responsible stewardship of the State’s financial accounts and investments

A compensation program to assist Rhode Islanders who are victims of violent crimes

Collection and safe custody of Rhode Islanders’ lost and unclaimed property

Administration of CollegeBound Saver, a tax-efficient savings program to help Rhode Islanders prepare for the expense of pursuing higher education

Together, we can strengthen our state’s financial and economic foundation; providing opportunities for all Rhode Islanders.

Small businesses are the backbone of the Rhode Island economy, employing much of our private sector workforce.

Treasurer Magaziner’s BankLocal program is improving access to capital for Rhode Island small businesses by using the State’s cash to make secured matching deposits into participating banks and credit unions that are lending to small businesses in Rhode Island.

The goal of the program is to support local financial institutions as they lend to small businesses in Rhode Island, supporting economic growth and opportunity in the Ocean State. Loans to women and minority-owned businesses are eligible for a 2-to-1 matching deposit into the lending bank or credit union - up to $250,000 per loan.

To date, BankLocal has moved more than $19 million to local banks and credit unions, matching over 175 small business loans in Rhode Island. You can find more about BankLocal here.

Rhode Island Treasury's 2016 Annual Report

Rhode Island Treasury's 2016 Annual Report contains highlights from the past year, including information on the pension fund's $500 million in investment gains, Treasurer Magaziner’s new ‘Back to Basics’ investment strategy, and a roundup of progress made in offices throughout Treasury.

Other highlights in the report include the Treasurer’s turnaround of the state’s CollegeBound program –which is now regarded as one of the best 529 college savings plans in the country– as well as the launch of “Rhode Island’s ABLE”, a program allowing Rhode Islanders with disabilities save for disability-related expenses.

Additionally, $12 million of unclaimed property was returned to nearly 9,000 people during the year, and $17.2 million in low cost loans were provided to municipal energy-efficiency projects across the Ocean State through the Treasurer’s green banking initiative.



News and Updates


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November 21, 2017
Just 24-hours after Rhode Island Treasurer Seth Magaziner announced that 35,000 Rhode Islanders will be automatically reunited with their missing money this holiday season, more than 2,500 additional claims have been initiated through the Treasurer's Unclaimed Property division. Yesterday,...
November 20, 2017
Rhode Island Treasurer Seth Magaziner today announced "YOUR MONEY" a program which is mailing money to more than 35,000 Rhode Islanders who have unclaimed property with the state. "It's hard for families to make ends meet, and ever harder when banks, insurance companies and other corporations...
November 16, 2017
Rhode Island Treasurer Seth Magaziner's BankLocal program, which supports loans to Rhode Island small business through deposits in local banks and credit unions, today received national recognition from The NewDEAL - winning the organization's 2017 "Future of Business" challenge. "Small...
More News & Updates >>