Read More, March 31, 2016 - Illinois Growth and Innovation Fund Gathering Frerichs is the 74th person to serve in this role. . Read More, July 9, 2015 - Treasurer Frerichs Partners with Credit Unions to Help People During Budget Impasse Read More, November 10, 2022 - Illinois State Treasurer Michael Frerichs Seeks Additional Help with Operation Purple Heart Read More, March 21, 2016 - Treasurer Michael Frerichs Announces Online Auction for Unclaimed Property Read More, June 2, 2017 - With Ratings This Low, Illinois Could Not Buy Its Own Bonds Read More, March 20, 2017 - Frerichs Announces Online Auction of Unclaimed Property Read More, June 8, 2016 - Illinois Releases RFP with Nine States to Assist People with Disabilities and Blindness Read More, June 3, 2016 - Treasurer Frerichs to Return $19,000 to Carver Community Center on Behalf of Peoria-Native Richard Pryor Read More, April 25, 2017 - Frerichs Proposal to Compel Life Insurance Companies to Pay Death Benefits Dating Back to 1996 Passes Illinois House Read More, March 12, 2015 - Illinois Treasurer Announces Online Auction for Unclaimed Property Read More, May 2, 2022 State Treasurer Michael Frerichs Pushes to Reunite Kankakee Residents with Unclaimed Property, Lost Money April 22, 2023. Read More, September 26, 2019 - Treasurer Frerichs Urges Swift Passage of Federal SAFE Banking Act Read More, May 2, 2022 State Treasurer Michael Frerichs Pushes to Reunite Quincy Residents with Unclaimed Property, Lost Money Read More, November 6, 2017 - Treasurer's Response to Cardinal Healths CEO Stepping Down Read More, September 1, 2021 - llinois State Treasurer Frerichs Announces Fee Reductions for College Savers Read More, July 28, 2021 - Treasurer Michael Frerichs Announces Unclaimed Property Auction at the Illinois State Fair Read More, October 17, 2019 - Treasurer Frerichs Money Match Program To Return $1 Million to 8,000 Illinois Taxpayers Read More, March 6, 2017 - Frerichs Seeks Clarity and Commonsense to Protect Medical Marijuana Patients Read More, June 8, 2017 - Illinois Leaders Call on Governor Bruce Rauner to Join the U.S. Read More, July 1, 2021 - Illinois Commission Working to Bring More Equity to Banking Reconvenes After One Year to Assess the Banks Progress "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. April 25, 2023 - Illinois State Treasurer Michael Frerichs Sets Online Auction of Unclaimed Property for May 1-5 Read More, February 19, 2016 - Treasurer Frerichs Statement on the Governors Decision to Veto MAP Grant Funding Read More, July 18, 2022 - State Treasurer Michael Frerichs Offers Tips on Tapping into Bright Start Money to Pay College Bills Read More, April 22, 2016 - Illinois Treasurer Michael Frerichs Statement on Passage of Higher Ed Funding Braver Report, May 13, 2016 - 2016 Cream of the Crop Photo Contest Now Open The unclaimed funds held by the state currently add up to an estimated $3.5 billion - with many Illinoisans unaware they're owed that money, some now with interest after Thursday's settlement. Read More, October 21, 2015 - Rating Agency Upgrades Illinois 529 Ranking Read More, February 18, 2020 - Treasurer Frerichs' Statement on President Donald Trump Granting Clemency to Former Governor Rod Blagojevich on Read More, April 11, 2022 - Treasurer Michael Frerichs Visits Rockford to Help Workers Retire with Dignity Read More, February 7, 2020 - Treasurer Frerichs Awarded ESGR Patriot Award for Commitment to Illinois Veterans Read More, March 2, 2017 - AARP, State Treasurer Urge U.S. Senate to Protect Retirement Security for Illinois Workers The average claim is $1,000. Read More, March 22, 2021 - Treasurer Frerichs Reminds Non-Profits of March 31 Deadline to Apply for $250,000 in Grants Available Through Charitable Trust Program SPRINGFIELD, Ill. (WLS) -- Collectible coins, currency, fine silver and fancy are among the more than 200 unclaimed property items to be auctioned online from May 1 through 5. Read More. Read More, April 19, 2023 - State Treasurer Michael Frerichs Pushes to Reunite Quad Cities Residents with Unclaimed Property Read More, January 10, 2022 - Treasurer Frerichs Encourages Non-Profits to Apply for $200,000 Available Through Charitable Trust Program Read More, April 27, 2020 - Treasurer Frerichs Increases to $500 Million the Amount of Money Available to Small Businesses for Bridge Loans During COVID-19 Read More, May 2, 2022 State Treasurer Michael Frerichs Pushes to Reunite Kendall County Residents with Unclaimed Property, Lost Money Read More, August 26, 2016 - Treasurer Frerichs Legislation To Require Insurance Companies to Pay Death Benefits Is Signed into Law Read More, June 1, 2017 - Treasurer Frerichs Statement on Moodys Credit Downgrade Read More, June 9, 2016 - Treasurer Frerichs Statement on Moodys Decision to Lower Credit Bond Rating Read More, May 26, 2017 - Frerichs Urges Governor Rauner to Sign Legislation to Crack Down on Companies that Avoid Paying Taxes Read More, January 3, 2022 - NAST Welcomes New Leadership for 2022 Read More, August 6, 2018 - Cream of the Crop Photo 2018 Winners 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. Illinois Treasurer Seeks to Reunite Rockford Residents with Assets (PDF), March 23, 2015 - Illinois Treasurer Auction Results: $93,000 Read More, August 5, 2015 - Treasurer Frerichs Joins State Treasurers, Advocates to Raise Awareness about Efforts to Provide Financial Independence for People with Disabilities They may be matured insurance policies, unsettled debts or bankruptcies. Employee Bill of Rights (PDF), January 15, 2015 - Frerichs Orders End to Politics-as-usual in Treasurers Office Read More, January 27, 2022 - Treasurer Frerichs Encourages Residents, Businesses, Non-Profits to Check for Cash and Property Owed to Them During National Unclaimed Property Day 1 in 4 who check our database discover unclaimed property. Read More, November 18, 2018 - Treasurer Frerichs to Host Illinois College Savings Summit Read More, August 29, 2018 - Rauner Amendatory Veto Will Waste Money Read More, February 7, 2022 - Treasurer Frerichs Awards Illinois Leaders in Honor of Black History Month CHICAGO (CBS) -- A lot of people are checking unclaimed property sites to see if there's an old paycheck, jewelry or other forgotten wealth awaiting them, but the Illinois state treasurer's office is warning that some sites might not be legitimate. Read More, March 23, 2020 - Treasurer to Make Low-Interest Bridge Loans for Businesses Available as Soon as This Week . Read More, October 17, 2022 - Illinois State Treasurer Michael Frerichs Returns $11 Million to Chicago Mans Family Read More, February 22, 2018 - Treasurer Frerichs Announces $500 Million Investment to Boost Economy in Rural Illinois Read More, April 11, 2023 - Ag Invest Program Surpasses $1 Billion in Agriculture Lending During Treasurer Michael Frerichs Administration Read More, September 11, 2018 - Treasurer Frerichs' 'Money Match' Program to Return $12 Million to Illinois Taxpayers; Approximate Value in Adams County: $38,880 For questions, call 217.557.8567. Read More, October 13, 2021 - State Treasurer Michael Frerichs Sends Thousands of Letters to Encourage Residents to Claim Nearly $20 Million in Unclaimed Property Read More, March 11, 2019 - Treasurer Returns Purple Heart to Family of WWII Veteran Read More, June 2, 2015 - Treasurer Michael Frerichs Suspends Two Banks for not Reinvesting in Low- Moderate-Income Communities Read More, March 4, 2019 - Treasurer Celebrates $1 Million in New Retirement Savings After Launch of Secure Choice 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, June 21, 2022 - FITCH Gives Top AAA Rating to Illinois Funds Read More, September 17, 2021 - IL State Treasurer Surprises Special Olympics Athletes with USA Games Reveal Read More, May 19, 2016 - Treasurer Frerichs Releases Braver Report Chronicling Allegations of Rutherford Administration Read More, August 11, 2020 - Midwest Investors Diversity Initiative Sees More Women and People of Color Gain Board Seats in 2020 Representatives for the offices of both Frerichs and Illinois Attorney General Kwame Raoul - who represented the state in the legal proceedings - declined multiple requests for an interview to discuss the settlement and how it will impact Illinois residents. An estimated one-in-four adults in Illinois who search the state's unclaimed property website, also known as iCash, find unclaimed property that should be returned to them. Read More, September 20, 2022 - Illinois Treasurer Michael Frerichs Honored With College Savings Distinguished Service Award Joint Statement, June 1, 2016 - Treasurer Frerichs Joins State, Local Leaders to Urge Corporate Board Diversity . Read More, January 17, 2023 - Illinois Secure Choice Retirement Savings Program Hits $100 Million Mark Read More, April 25, 2017 - Treasurer Frerichs Announces Financial Literacy Partnership with Econ Illinois The Illinois Treasurer oversees the State of Illinois' investment portfolio and banking transactions. Read More, May 22, 2017 - Treasurer Frerichs Returns Purple Heart to Daughter of World War II Veteran Read More, December 23, 2019 - Treasurer Frerichs Returns $40,000 to Salvation Army in Time for Holiday Season The State Treasurer is holding more than 3.5 billion dollars in unclaimed funds for Illinoisans. Change your document. Read More, May 18, 2022 - Illinois State Treasurer Michael Frerichs Returns Unclaimed Property to Ukrainian Church Read More, October 6, 2015 - Treasurer Michael Frerichs Lowers Fees for Popular College Savings Program Read More, May 24, 2016 - Illinois Celebrates Record-breaking Year on 529 Day In Illinois it's called ICash, and the State Treasurer is holding $2.5 billion in unclaimed funds. The State holds these lost funds until they are claimed by either the original owner or their heirs. Read More, May 2, 2022 State Treasurer Michael Frerichs Pushes to Reunite McHenry County Residents with Unclaimed Property, Lost Money Read More, January 29, 2018 - $1.3 Million in ABLE Savings Captured in First Year Read More, April 15, 2020 - Grab Your Cameras and Submit Pictures for the Cream of the Crop Contest Read More, April 19, 2023 - State Treasurer Michael Frerichs Pushes to Reunite Jefferson County Residents with Unclaimed Property Read More, May 3, 2017 - Treasurer Frerichs Statement on U.S. Senate Vote That Hurts Employers, Workers Saving for Retirement Read More, July 21, 2017 - Illinois Secure Choice Board Selects Ascensus to Manage Retirement Savings Program Read More, May 2, 2022 - State Treasurer Michael Frerichs Pushes to Reunite Residents with Unclaimed Property, Lost Money Read More, September 9, 2015 - Treasurer Frerichs to Stand with Senator Manar, Blackburn College President and Lewis & Clark Community College President to Urge Approval of College Tuition Assistance Read More, May 2, 2022 - State Treasurer Michael Frerichs Pushes to Reunite DeKalb Residents with Unclaimed Property, Lost Money Read More, June 14, 2016 - Budget Impasse Projected to Cost $31 Million in 2016 Read More, April 19, 2023 - State Treasurer Michael Frerichs Pushes to Reunite Kane County Residents with Unclaimed Property Read More, April 6, 2023 - Illinois State Treasurer Michael Frerichs Visits Rock Island County Treasurer Nick Camlin Read More, December 22, 2021 - Treasurer Frerichs Returns $90,000 to Shriners Hospitals for Children Read More, September 7, 2017 - Treasurer Frerichs Reacts to Governors Delayed Decision To Refinance Debt that Carried up to 12 Percent Interest Read More, September 28, 2021 - Treasurer Frerichs Reminds Small Non-Profits of Sept. 30th Deadline to Apply for $200,000 in Funding Read More, June 22, 2016 - Illinois Releases RFI for Advisor-sold 529 Plans August 10, 2013 / 9:42 AM Read More, May 2, 2022 - State Treasurer Michael Frerichs Pushes to Reunite Bloomington-area Residents with Unclaimed Property, Lost Money
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