August 2026

Treasurer Frerichs wearing a dark suit and orange tie, with his arm crossed. U.S. and Illinois flags are to his right.

Treasurer Frerichs Makes $1.45 Billion In Investment Earnings on State Portfolio

$750 million earned for local government through Illinois Funds The State Treasurer’s Office made $1.45 billion in investment earnings from the state investment portfolio during Fiscal Year 2026, Illinois Treasurer Michael Frerichs announced today. Treasurer Frerichs is the state’s Chief Investment and Banking Officer. He is responsible for investing state revenue in the state investment portfolio. “Every dollar we earn in interest for the people of Illinois is a dollar that lawmakers don’t have to raise in taxes or cut…

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Treasurer Frerichs speaks from a podium as 2 people stand beside him. On a wall to the left is a large photo of a white dog

Illinois Treasurer Frerichs, Ald. Hopkins Return $28,000 To PAWS Chicago on National Dog Day

I-CASH Program Continues to Set Records Video to be posted here: Illinois Treasurer Michael Frerichs marked National Dog Day on Wednesday by returning $28,000 in unclaimed property to PAWS Chicago. “PAWS Chicago does such a great job finding so many dogs and cats their forever homes, and it’s our job to reunite people with money that belongs to them through the I-CASH program,” Treasurer Frerichs said. “We are proud to team up with PAWS Chicago to put the money…

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Illinois state flag with eagle and shield

Illinois Treasurer Frerichs Applauds Signing of Bill Allowing Investment in Union-Built Affordable Housing

AFL-CIO Housing Investment Trust Creates Illinois Jobs, Adds to Affordable Housing, Offers Investment Returns Illinois State Treasurer Michael Frerichs on Tuesday applauded a new law that will allow him to make investments to build more affordable housing. Gov. JB Pritzker signed into law Senate Bill 3086, which passed with bipartisan support in late May. The bill allows Treasurer Frerichs to invest in the AFL-CIO Housing Investment Trust, which focuses on building and preserving affordable and workforce housing, creating union construction…

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Treasurer Frerichs facing the camera as a blurred image of cash is visible behind him. Overlaying text reads: Making Saving for College Simple

Relieving the Pains of College Planning

My daughter will be a high school senior, which means we have been visiting a lot of colleges this summer as she prepares to apply to universities in the fall. This has given us a lot of quality, dad-daughter time together. It’s sad to think about the day I will drop her off at college, but I prefer to focus on and enjoy the time I have with her now. I have really enjoyed our campus visits because of great…

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Eight baseball cards from the 1950s and 1960s, all featuring Ernie Banks of the Chicago Cubs

Ernie Banks & Mickey Mantle Baseball Cards, Gold Coins, and More on Tap at Treasurer Frerichs’ Unclaimed Property Auction Preview

Video will be posted here: Baseball cards of Cubs legend Ernie Banks and Yankees great Mickey Mantle, a 14-karat white gold ring with a 10-carat blue sapphire and 14 diamonds, and Morgan silver dollars from various years are just some of the pieces of unclaimed property that the public can preview today (Monday, August 3). “The preview we’re hosting today is a great opportunity for people to check out the items that we will be auctioning later this month…

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Treasurer Frerichs marches down a street at the Illinois State Fairgrounds during the twilight parade as crowds line the street.

A Few of My Favorite Fair Memories

As a kid, I always looked forward to the Champaign County Fair in late July. I loved the rides: the bumper cars, the tilt-a-whirl, and the potato sack slide. I loved the food: the corn dogs, the elephant ears, and all things fried. I loved the grandstand shows: the tractor pulls where my family would sometimes compete, the motorcycle races, and the demolition derby. And I also loved the games where you could win a prize: the ring toss, shooting…

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