2023

Auction Preview Event Scheduled for August 2 in Springfield SPRINGFIELD — A 14-karat white gold woman’s double halo-style ring, a $500 bill from 1934 and collectible basketball cards featuring seven Hall of Famers are some of the unclaimed property items to be auctioned live on August 19 at the Illinois State Fair in Springfield. State Treasurer Michael Frerichs oversees the auction, which will take place on the Lincoln Stage at the fairgrounds in Springfield. “We are pleased to host the unclaimed property auction at the State Fair and to give…

Parents of Newborns Can Claim $50 Deposit with IL College Savings Plans SPRINGFIELD — State Treasurer Michael Frerichs encourages new parents to open a Bright Start or Bright Directions college savings account and claim their $50 seed deposit from the new Illinois First Steps program. “Illinois First Steps helps place families on a path to start planning early for their child’s education,” Frerichs said. “Saving now means money for the child’s future university, community college, trade school, or apprenticeship will be available when that child is ready to pursue additional…

$81.1 Million Earned for Cities, School Districts Through Illinois Funds SPRINGFIELD — The State Treasurer’s Office made a record $115.7 million in investment earnings from the state investment portfolio in June, Illinois State Treasurer Michael Frerichs announced today. Another $81.1 million in gross investment earnings was earned for cities, villages, school districts, counties and other units of government that take part in the highly rated Illinois Funds local government investment pool operated by the State Treasurer’s Office. “The State Treasurer’s Office is an economic engine for Illinois,” Frerichs said. “Every…

Application Period Open Through Sept. 30 SPRINGFIELD — Small nonprofits that help people with housing or workforce and economic development assistance are encouraged to apply for funding through the Charitable Trust Stabilization Program, Illinois State Treasurer Michael Frerichs said today. Grant applications will be accepted through Sept. 30. “We are helping these organizations fulfill their important role in securing housing, employment, and job training for people in need,” said Frerichs, whose office manages the program. “The Charitable Trust program offers an excellent opportunity for small non-profits to have an even…

SPRINGFIELD — A new, low-cost loan program to bridge the gap between college savings and financial aid will make it easier for thousands of Illinois residents to graduate with a university degree, Illinois State Treasurer Michael Frerichs said today. The state treasurer’s office is partnering with the non-profit ISL Education Lending to offer transparent and affordable private student loans to qualifying Illinois students and families when the student will attend a nonprofit college or university in Illinois. “We firmly believe the best way to pay for college is investing early…