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If you haven't used your Premier FCU account in a few years, you may be subject to Escheatment by the State of North Carolina.  In 1970, legislation mandated that the North Carolina Department of State Treasurer assume responsibility for the administration of the escheat program that was previously administered by the University of North Carolina. The purpose of the program is to: Recover unclaimed or forgotten property Reunite these properties with the rightful owner Remit the interest earnings on the funds invested to the North Carolina State Educational Assistance Authority to provide grants and loans to worthy and needy North Carolina students in State-supported institutions of higher education. If you fall into this category, we encourage you to act promptly by visiting the Web site for the North Carolina Department of Treasury or by contacting your local branch.