Unclaimed property consists of accounts and other financial instruments, usually intangible, being held at corporations, financial institutions, financial intermediaries, courts, and life insurance companies, that have gone dormant for a specified period of time based on property type. Read More, March 20, 2017 - Frerichs Announces Online Auction of Unclaimed Property Read More, September 28, 2020 - Secretary of State Jesse White and Treasurer Michael Frerichs Announce Extension: E-Check Payment Processor Fee Now Waived Through Dec. 31, 2020 Vernon Residents with Unclaimed Property, Lost Money Read More, January 2, 2018 - Claiming Your Cash and Property Just Got Easier Illinois' $3.5 billion unclaimed property programalso known as I-Cashis one of the state's oldest consumer protection initiatives and safeguards the contents of overlooked safe deposit boxes, unpaid life insurance benefits, forgotten bank accounts, and unused rebate cards until the items or their value can be returned . Read More, April 1, 2019 - Annual Cream of the Crop Photo Contest Now Open Property is returned at no cost with the proper identification. Braver Report, May 13, 2016 - 2016 Cream of the Crop Photo Contest Now Open Read More, January 17, 2023 - Illinois Secure Choice Retirement Savings Program Hits $100 Million Mark Please enter valid email address to continue. Read More, April 17, 2019 - Treasurer Frerichs Hosts Illinois College Savings Events Read More, August 5, 2021 - State Treasurer Michael Frerichs Unclaimed Property Program Returns $226 Million Joint Statement, June 1, 2016 - Treasurer Frerichs Joins State, Local Leaders to Urge Corporate Board Diversity 1 in 4 who check our database discover unclaimed property. Read More, January 30, 2023 - New Features on Illinois' ICash Website Make It Even Easier for People to Find Their Unclaimed Property Read More, December 9, 2021 - Need Extra Cash This Holiday Season? Read More, August 21, 2017 - Frerichs Calls for Override of Governor Rauners Veto of Legislation to Crack Down on Companies that Avoid Paying Taxes Read More, September 30, 2016 - Media Advisory: Treasurer Frerichs to Cut Off Wells Fargo from Billions of Investment Dollars for Illegally Opening Consumer Accounts The Illinois Treasurer is legally required to get the property to the rightful owners no matter how long it takes for them to come forward. Judge Charles Kocoras approved the settlement agreement reached between the state of Illinois and attorneys for the plaintiffs who filed the lawsuit five years earlier to compel the state to begin paying interest on the unclaimed property in the state's possession. And the interest will continue to accrue until the Treasuers Office pays the claim, for a maximum of 10 years. Read More, February 22, 2023 - Treasurer Frerichs Presents Awards to Downstate Leaders In Honor of Black History Month 1 in 4 who check our database discover unclaimed property, Save for rising college costs with Illinois' two top-rated plans, Giving those with disabilities the ability to save and invest, A new way for Illinois workers to save for retirement, Helping provide Illinois farmers access to capital, Offer constituents easier, faster payment choices, A safe, liquid, competitive investment for units of local government, Investing responsibly to better manage environmental, social, and governance risks. . Read More, February 2, 2021 - Treasurer Frerichs Awards Illinois Leaders in Honor of Black History Month Read More, August 3, 2018 - Statement on Veto of HB4922 Read More, May 2, 2022 State Treasurer Michael Frerichs Pushes to Reunite Marion Residents with Unclaimed Property, Lost Money Read More, August 5, 2015 - Treasurer Frerichs Joins State Treasurers, Advocates to Raise Awareness about Efforts to Provide Financial Independence for People with Disabilities Search your name, your spouse's name, your parents . Read More, May 7, 2020 - Secretary of State White and Treasurer Frerichs Announce E-Check Payment Processor Fee Waived Through August 2, 2020 A federal judge on Thursday approved a settlement which now requires the state of Illinois to pay interest on unclaimed money it holds to the residents who rightfully own and claim it. Read More, March 15, 2021 - Treasurer Frerichs Earns $1 Billion in Investment Earnings for State Read More, November 18, 2019 - Illinois Secure Choice Retirement Plan Succeeds in Fighting Nationwide Retirement Crisis The Illinois State Treasurer's Office is holding over $3.5 billion in unclaimed funds for Illinoisans. Read More, February 1, 2017 - Treasurer Michael Frerichs Statement on Fitch Ratings Decision to Lower Credit Rating Read More, August 7, 2017 - Treasurer Frerichs: Governor Must Refinance Debt And Save $2 Million Each Day Read More, July 12, 2016 - Treasurer Frerichs Returns Record-Setting $155 Million through I-Cash Program Read More, October 24, 2019 - Treasurer Frerichs Announces Third Gold Rating for Bright Start College Savings Plan Read More, August 11, 2016 - Stop by the Treasurers Tent at the Illinois State Fair The I-Cash program still holds an estimated $1.7 billion in unclaimed wealth. Read More, May 2, 2022 State Treasurer Michael Frerichs Pushes to Reunite La Salle Residents with Unclaimed Property, Lost Money Read More, February 8, 2023 - Treasurer Frerichs Presents Awards to Chicago Leaders in Honor of Black History Month Read More, April 24, 2017 - Trump Trashes Protections for Students and Taxpayers Read More, May 2, 2022 State Treasurer Michael Frerichs Pushes to Reunite Quincy Residents with Unclaimed Property, Lost Money Senator Burr, and Advocacy Groups Join Forces to Raise Awareness for Investment Program to Benefit Children, Adults with a Disability or Blindness Read More, September 15, 2015 - Treasurer Frerichs to Stand with Western Illinois University Students, Spoon River Community College President to Urge Approval of College Tuition Assistance Read More, September 20, 2016 - Treasurer Frerichs Calls on Kemper To Detail Plans to Pay Life Insurance Policies Read More, January 18, 2019 - Treasurer Frerichs Joins Local Non-Profits to Encourage Applicants for the Charitable Trust Stabilization Fund Read More, June 20, 2016 - Treasurer Frerichs Calls on Governor Rauner to Sign Legislation Requiring Life Insurance Companies to Pay Death Benefits Read More, April 9, 2020 - Charitable Trust Application Process Extended to April 30 "We hold these auctions whereas us need supplementary space in our vault," said Ilinois State Treasurer Michael Frerichs, whose office oversees unclaimed property in Illinois. Read More, February 14, 2018 - Treasurer Frerichs Applauds Minimum Wage Increase (Illinois Treasurer) I got an email from the Illinois State Treasurer that I have some unclaimed property. Read More, September 4, 2018 - Treasurer Frerichs' 'Money Match' Program to Return $12 Million to Illinois Tax Payers; Approximate Value in Champaign County: $210,755 Read More, March 16, 2016 - Treasurer Frerichs Adds Rockford, Waterloo, to Ag Invest Roundtable Talks Read More, July 21, 2017 - Illinois Secure Choice Board Selects Ascensus to Manage Retirement Savings Program Read More, August 12, 2021 - Treasurer Frerichs Announces Winners for 2021 Cream of the Crop Photo Contest Read More, January 21, 2016 - Online Auction for Unclaimed Property Read More, September 16, 2020 - Treasurer Frerichs Calls on Federal Government to Require More Consideration for Women, People of Color on Corporate Boards and Leadership Positions April 25, 2023 - Illinois State Treasurer Michael Frerichs Sets Online Auction of Unclaimed Property for May 1-5, April 21, 2023 - Treasurer Frerichs Makes Record $98.7 Million in Earnings for State Portfolio During March, April 19, 2023 - State Treasurer Michael Frerichs Pushes to Reunite Quincy Residents with Unclaimed Property, April 19, 2023 - State Treasurer Michael Frerichs Pushes to Reunite Sauk Valley Residents with Unclaimed Property, April 19, 2023 - State Treasurer Michael Frerichs Pushes to Reunite Grundy County Residents with Unclaimed Property, April 19, 2023 - State Treasurer Michael Frerichs Pushes to Reunite McHenry County Residents with Unclaimed Property, April 19, 2023 - State Treasurer Michael Frerichs Pushes to Reunite LaSalle County Residents with Unclaimed Property, April 19, 2023 - State Treasurer Michael Frerichs Pushes to Reunite Kendall County Residents with Unclaimed Property, April 19, 2023 - State Treasurer Michael Frerichs Pushes to Reunite Kane County Residents with Unclaimed Property, April 19, 2023 - State Treasurer Michael Frerichs Pushes to Reunite Will County Residents with Unclaimed Property, Treasurer Michael Frerichs Announces Online Auction for Unclaimed Property, Illinois Treasurer Seeks to Reunite Metro-East Residents with Assets (PDF), Illinois Treasurer Seeks to Reunite Quad Cities Residents with Assets (PDF), Illinois Treasurer Seeks to Reunite Rockford Residents with Assets (PDF), Office of the Executive Inspector General, Unclaimed Property Contact Info Change Request. Read More, April 25, 2017 - Frerichs Proposal to Compel Life Insurance Companies to Pay Death Benefits Dating Back to 1996 Passes Illinois House Welcome to the Illinois State Treasurer'sUnclaimed Property Page. Read More, August 30, 2017 - Rauner Sides with Life Insurers Over Grieving Families About the Illinois Treasurer As Illinois State Treasurer, Frerichs is the state'sChief Investment and Banking Officer and actively manages approximately $38 billion. Read More, April 19, 2023 - State Treasurer Michael Frerichs Pushes to Reunite Sauk Valley Residents with Unclaimed Property Read More, March 21, 2016 - Treasurer Michael Frerichs Announces Online Auction for Unclaimed Property Read More, March 16, 2017 - The Illinois Funds Receives Top Credit Rating Read More, February 6, 2023 - Treasurer Frerichs Invites Nonprofits to Apply for $200,000 in Grants Available Through Charitable Trust Program Read More, April 21, 2023 - Treasurer Frerichs Makes Record $98.7 Million in Earnings for State Portfolio During March Read More, May 2, 2022 State Treasurer Michael Frerichs Pushes to Reunite Quad Cities Residents with Unclaimed Property, Lost Money Read More, May 2, 2022 State Treasurer Michael Frerichs Pushes to Reunite Galesburg Residents with Unclaimed Property, Lost Money Read More, February 4, 2016 -Treasurer Frerichs Presents Awards to Chicago Leaders in Honor of Black History Month Read More, May 19, 2021 - Treasurer Frerichs Reminds Military Families of More Than 100 Medals Waiting to be Claimed Give to a Bright Start College Savings Account The only such program that the state of Illinois recognizes, and works with, is the I-Cash program run by the treasurer's office. Read More, October 15, 2015 - Treasurer Frerichs Releases Names of Owners of $123 Million in Unclaimed Property in Cook and Collar Counties Read More, August 15, 2016 - Frerichs Holds Statewide Hearings On Life Insurers That Do Not Pay Death Benefits Read More, July 27, 2022 - State Treasurer Michael Frerichs Announces Winners of 2022 Cream of the Crop Photo Contest Read More, March 18, 2019 - Treasurer Warns Illinois' Cannabis Industry Could Collapse Unless Banking Rules Updated The office also conducts an annual, in-person auction of unclaimed property during the Illinois State Fair in August. Read More, April 19, 2023 - State Treasurer Michael Frerichs Pushes to Reunite DeKalb County Residents with Unclaimed Property Read More, August 6, 2018 - Cream of the Crop Photo 2018 Winners Read More, September 11, 2018 - Treasurer Frerichs' 'Money Match' Program to Return $12 Million to Illinois Taxpayers; Approximate Value in Adams County: $38,880 Read More, June 14, 2016 - Budget Impasse Projected to Cost $31 Million in 2016 Read More, April 26, 2017 - Treasurer Frerichs Announces First Quarter Investment Returns The Illinois Treasurer holds these lost funds until they are claimed by either the original owner, heirs, or legal representatives. / CBS Chicago. Read More, December 1, 2016 - Statement on Wells Fargos Decision to Adopt Shareholder Resolution Requiring Independent Board Chair Read More, January 29, 2018 - $1.3 Million in ABLE Savings Captured in First Year icash.illinoistreasurer.gov Review. Read More, June 8, 2016 - Illinois Releases RFP with Nine States to Assist People with Disabilities and Blindness Please enter an email address to sign up. Read More, April 12, 2016 - Treasurer Frerichs Pushes to Reunite Central Illinois Residents with $156 Million in Unclaimed Property Read More, June 8, 2016 - Treasurer Frerichs Looks to Return Unclaimed Property to Quad Cities Residents The settlement agreement approved Thursday says the state will now pay that interest based on the current rate of inflation or the monthly earnings rate of the state portfolio, whichever is greater, minus a $5 administrative fee, according to Frerichs' office. Read More, August 2, 2016 - Missed Investment Income Despite 6-Month Budget Small estate affidavit (Deceased between July 2, 2010 and December 31, 2014). 2013 CBS Broadcasting Inc. All Rights Reserved. Read More, September 17, 2021 - IL State Treasurer Surprises Special Olympics Athletes with USA Games Reveal Read More, July 28, 2021 - Treasurer Michael Frerichs Announces Unclaimed Property Auction at the Illinois State Fair Treasurer Dan Rutherford said I-Cash never charges fees to those who use it, or find something on it, and does not give or impose commissions. Read More, August 7, 2019 - Cream of the Crop 2019 Photo Winners Announced Read More, October 4, 2018 - Treasurer Frerichs and Comptroller Mendoza Launch New Bill Backlog Program Read More, July 20, 2017 - Treasurer Frerichs Announces Live Unclaimed Property Auction at the Illinois State Fair Read More, January 15, 2016 - Illinois Treasurer Michael Frerichs Statement on Governors Decision to Declare Negotiating Impasse with AFSCME Read More, May 2, 2022 State Treasurer Michael Frerichs Pushes to Reunite Rockford Residents with Unclaimed Property, Lost Money Read More, December 3, 2018 - Treasurer Frerichs Money Match II Program To Return $1.5 Million to Taxpayers in Time for Holidays Read More, October 21, 2015 - Rating Agency Upgrades Illinois 529 Ranking Read More, May 2, 2022 State Treasurer Michael Frerichs Pushes to Reunite McHenry County Residents with Unclaimed Property, Lost Money Treasurer Michael Frerichs Announces Online Auction for Unclaimed Property, August 6, 2015 - Treasurer Frerichs Hosts State Treasurers to Discuss Implementation of ABLE Act Read More, March 12, 2015 - Illinois Treasurer Announces Online Auction for Unclaimed Property Read More, August 5, 2020 - State Treasurer Michael Frerichs I-CASH Program Eclipses $1 Billion in Unclaimed Property Returns Read More, September 16, 2022 - Treasurer Frerichs Honors Hispanic Leaders And Celebrates Hispanic Heritage Month
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