Open or Update an Illinois Funds Account

To successfully complete the documents below, please reference the contact roles provided:

“Principal” means an individual who is authorized by the public agency or statute to execute contractual agreements on behalf of the public agency. (e.g. Treasurer, Chief Financial Officer, etc.)
Applies to: Enrollment Form and Change of Information Form (only if Authorized Signer is changing)

“Signer” means the individual authorized by the principal, public agency, or statute to open, close, or make changes to a custodial account.

“Trader” means the individual(s) authorized by the principal or signer to do any or all of the following:  receive balance and transaction information on the custodial account, make changes to the custodial account, and direct investments.

Applies to: Enrollment Form and Change of Information Form

To Open an Account

Please contact us using our contact request form or e-mail illinoisfunds@illinoistreasurer.gov. Our team will generate a digital enrollment form and deliver it by email.

Instructions for making an opening deposit:

By check: Make check payable to the “Illinois Funds.” 

Note: All checks must be in U.S. Dollars drawn on a domestic bank. The Fund will not accept payment in cash or money orders. The Fund does not accept postdated checks or any conditional order or payment. To prevent check fraud, the Fund will not accept third-party checks, Treasury checks, credit card checks, traveler’s checks, or starter checks for the purchase of shares.

Mail to: 

Express/Overnight delivery to: 

By wire: Call 800-947-8479. Note: A completed application is required before a wire. Neither US Bank nor Illinois Funds charges for the use of a wire.

To Update an Account

Changes to signers, traders, or the principal authority

We are pleased to announce that The Illinois Funds now offers digital enrollment and change-of-information forms through DocuSign. This secure web-based service eliminates the cost and processing delays associated with mailing physical forms. Going forward, authorized signers can make the following changes to existing Illinois Funds accounts using DocuSign:

• Principal authority changes
• Authorized signer changes
• Authorized trader changes
• Automatic Investment Plan and Systematic Withdrawal Plan changes

Starting November 1, 2021, an Authorized Signer can initiate a change application by calling 800-947-8479 to verify their identity and then submit an online application.  An email will be sent to every authorized signer and authorized trader listed on the application so they can verify their identity and provide a digital signature. 

Bank changes will still be processed via physical application mailed directly to US Bank Fund Services. The new bank change form can be found here. Changes to your local bank still require a signature guarantee.