Illinois State Treasurer’s Office News Releases

Treasurer Frerichs speaks as others stand near him at a food pantry

State Treasurer Michael Frerichs Returns $100,000 in Missing Money to Illinois Food Pantries

Bolingbrook Nonprofit That Twice Saw Thieves Steal Catalytic Converters off Donation Trucks Receives $5,500 Illinois Treasurer Michael Frerichs is returning $100,000 in missing money to food pantries throughout the state. Each December, Frerichs’ office focuses on returning money through the ICash program to nonprofit groups that help people in need. This year, Frerichs decided to help food pantries that saw resources stretched and demand spike when the federal government shutdown stopped food assistance to many Illinois families in November. “Food pantries always step up to feed people in need,” Frerichs…

Read MoreState Treasurer Michael Frerichs Returns $100,000 in Missing Money to Illinois Food Pantries
Treasurer Frerichs speaking at a podium with a Bright Start backdrop and a woman and man behind him

Treasurer Frerichs Encourages the Gift of Education This Holiday Season

College Savings Phone App Offers an Easy Way to Give to a Loved One’s Bright Start 529 Account Struggling to find the right holiday gift for a child? Illinois State Treasurer Michael Frerichs has one. Invest in a young person’s future by contributing to their Bright Start 529 college savings account. “Every time you make a Bright Start contribution, that kid sees that you believe in them. That’s a powerful message to hear from a loved one – you know that they have what it takes to pursue higher education…

Read MoreTreasurer Frerichs Encourages the Gift of Education This Holiday Season
Mickey Mouse watch and other jewelry, including a pocket watch and necklaces for auction

Need Holiday Gift Ideas? Treasurer Michael Frerichs Offers Some Options with Online ICash Auction

Bid on Mickey Mouse Watch, Gold Diamond Pendant, Pennies from Nov. 21-30 As the holiday season approaches, Illinois Treasurer Michael Frerichs is encouraging people to find unique and memorable gifts, including a vintage Mickey Mouse wristwatch and a 14-karat yellow gold pendant with a small diamond, during an online ICash auction November 21-30. “Our online auction is a wonderful opportunity to discover rare and memorable finds, either for yourself or for that special someone who will appreciate them as gifts,” said State Treasurer Frerichs, whose office oversees unclaimed property in…

Read MoreNeed Holiday Gift Ideas? Treasurer Michael Frerichs Offers Some Options with Online ICash Auction
Treasurer Frerichs smiles as he speaks from a podium. Backdrop has the Bright Start logo

Treasurer Frerichs Clinches 7th Gold Rating for Bright Start College Savings Plan

Bright Directions Receives Sole Morningstar Upgrade Illinois State Treasurer Michael Frerichs announced today that Illinois’ Bright Start 529 College Savings Plan has earned its 7th Gold rating from independent analyst Morningstar, firmly placing the plan among the best in the nation. “To be touted as one of the nation’s best by Morningstar for the seventh time under my watch confirms from an independent source that Illinois’ 529 College Savings plans are a great investment for Illinois families,” Frerichs said. “Since taking office, my priority has been to ensure Illinois families…

Read MoreTreasurer Frerichs Clinches 7th Gold Rating for Bright Start College Savings Plan
A group of people watch as Treasurer Frerichs presents a Purple Heart to Patty Knies, whose late uncle earned it

Illinois Treasurer Michael Frerichs Returns WW II Purple Heart Medal to Family of Late Veteran at Ceremony in Oak Lawn Ahead of Veterans Day

Operation Purple Heart Finds 17th Family Whose Military Honors Were Missing for Years OAK LAWN, ILLINOIS – On the day before Veterans Day, Illinois State Treasurer Michael Frerichs returned a lost Purple Heart medal to the niece of a World War II veteran who was injured while fighting in France and Germany. Frerichs reunited Army Rifleman James R. Bennett’s medal with niece, Patti Knies, during a ceremony at VFW Post 5220 in Oak Lawn. It is the 17th lost medal Frerichs has returned as part of Operation Purple Heart, an…

Read MoreIllinois Treasurer Michael Frerichs Returns WW II Purple Heart Medal to Family of Late Veteran at Ceremony in Oak Lawn Ahead of Veterans Day