2022

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Illinois Treasurer Michael Frerichs Announces Key Milestone for Unclaimed Property Program Fixing a Broken System Leads to 1 Million I-Cash Claims Paid Since 2015

SPRINGFIELD — Illinois’ unclaimed property program reached another historic milestone this month when it paid its 1 millionth claim since 2015, Illinois State Treasurer Michael Frerichs said today. The achievement is even more noteworthy when considering only 500,000 claims were paid between 2003 and 2014. Frerichs became state treasurer in 2015. The dramatic increase is a result of a complete restructuring of the unclaimed property process, especially the addition of electronic claims, eliminating red-tape that slowed small-money claims, and leveraging technology to allow payments to be made without a claim…

Read MoreIllinois Treasurer Michael Frerichs Announces Key Milestone for Unclaimed Property Program Fixing a Broken System Leads to 1 Million I-Cash Claims Paid Since 2015
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Illinois State Treasurer Michael Frerichs Responds to Draft Opinion Overturning Roe v. Wade

SPRINGFIELD — Illinois State Treasurer Michael Frerichs today responded to the Supreme Court draft opinion that would overturn Roe v. Wade. “I, like most Americans, believe that personal decisions about pregnancy should be made by the woman, with the support of the people she loves and trusts. We are on the verge of having out-of-touch – and mostly male – politicians criminalizing women and doctors for making these difficult decisions,” Frerichs said. “As the father of a teenage daughter, I am furious at the hypocritical politicians who seek to control…

Read MoreIllinois State Treasurer Michael Frerichs Responds to Draft Opinion Overturning Roe v. Wade
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State Treasurer Michael Frerichs Pushes to Reunite Rockford Residents with Unclaimed Property, Lost Money

ROCKFORD — Illinois Treasurer Michael Frerichs is looking to reunite tens of thousands of Rockford- area residents with more than $60.75 million in unclaimed cash and property. The money is waiting to be claimed under the office’s I-Cash program, which safeguards unpaid life insurance benefits, forgotten bank accounts and unused rebate cards until they can be returned to their owner. In Winnebago County, there are nearly 440,000 unclaimed properties. Frerichs’ reminder is part of a statewide digital media, newspaper and direct mail push to remind all Illinois residents that there’s…

Read MoreState Treasurer Michael Frerichs Pushes to Reunite Rockford Residents with Unclaimed Property, Lost Money
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State Treasurer Michael Frerichs Pushes to Reunite Quincy Residents with Unclaimed Property, Lost Money

QUINCY — Illinois Treasurer Michael Frerichs is looking to reunite tens of thousands of Quincy-area residents with nearly $12 million in unclaimed cash and property. The money is waiting to be claimed under the office’s I-Cash program, which safeguards unpaid life insurance benefits, forgotten bank accounts and unused rebate cards until they can be returned to their owner. In Adams County, there are more than 82,000 unclaimed properties. Frerichs’ reminder is part of a statewide digital media, newspaper and direct mail push to remind all Illinois residents that there’s more…

Read MoreState Treasurer Michael Frerichs Pushes to Reunite Quincy Residents with Unclaimed Property, Lost Money
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State Treasurer Michael Frerichs Pushes to Reunite Quad Cities Residents with Unclaimed Property, Lost Money

ROCK ISLAND — Illinois Treasurer Michael Frerichs is looking to reunite tens of thousands of Quad Cities-area residents with more than $34 million in unclaimed cash and property. The money is waiting to be claimed under the office’s I-Cash program, which safeguards unpaid life insurance benefits, forgotten bank accounts and unused rebate cards until they can be returned to their owner. In Rock Island County, there are nearly 204,000 unclaimed properties. Frerichs’ reminder is part of a statewide digital media, newspaper and direct mail push to remind all Illinois residents…

Read MoreState Treasurer Michael Frerichs Pushes to Reunite Quad Cities Residents with Unclaimed Property, Lost Money