Escheat occurs when a credit union or other financial institution holds funds in an account and those funds goes unclaimed (inactive) and is thus presumed to be abandoned by the owner after a set number of years (3). If the owner of the account cannot be located, such property can be revocably escheated to the state. If your dormant account has been turned over to the State of Oregon, you can download claim forms and contact the appropriate office by clicking here.