Programs in state treasurer's office grow in 2019

HASTINGS, Neb. - (KSNB) Growth in money being save in a college savings program and money distributed from unclaimed property are among highlights of 2019 for the Nebraska State Treasurer.

State Treasurer touts growth in college savings program and the unclaimed property division of his office. (Source: KSNB)

Looking back on the recently completed year, John Murante called in a historic year. Murante says the NEST 529 college savings program $800-millions in assets in the accounts grew during the year.

"That's hundred of millions of dollars less in student loan debt,"
said Murante. "Which is one of the biggest crises for the people of Nebraska."

Murante said production of a public service announcement touting the program did not cost taxpayer dollars.

He also said that the unclaimed properties list on the department's web site saw growing levels of use, with 850-thousand searches on the site, up from 600-thousand the previous year.

Murante says they returned just over $15-million in unclaimed property in 2019.

Murante says one of his main goals for 2020 is to continue to travel the state to inform people of services offered in the treasurer's office.