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Illinois State Treasurer Michael Frerichs returned nearly $276 million in unclaimed property in 2023, bringing Frerichs' total since taking office in 2015 to more than $1.9 billion.
February 1 is Unclaimed Property Day, an arbitrarily chosen date to remind you that they may have unclaimed cash or other assets that your state wants to give back to you. More than 30 million ...
The Enhanced Money Match program from the Illinois Treasurer’s office crossmatches data collected by the state with the unclaimed property database. The money […] Nearly 140,000 Illinois ...
Michael W. Frerichs (/ ˈ f r ɛ r ɪ k s /; born July 28, 1973) is an American politician serving his third term as the State Treasurer of Illinois, after taking office on January 12, 2015. Before being elected treasurer, he was a Democratic member of the Illinois Senate , representing the 52nd District from 2007 until 2015.
Unclaimed property laws in the United States provide for two reporting periods each year whereby unclaimed bank accounts, stocks, insurance proceeds, utility deposits, un-cashed checks and other forms of "personal property" are reported first to the individual state's Unclaimed Property Office, then published in a local newspaper and then ...
MissingMoney.com is a web portal created by participating U.S. states to allow individuals to search for unclaimed funds. [1] It was established in November 1999, [2] as a joint effort between the National Association of Unclaimed Property Administrators (NAUPA) and financial services provider CheckFree. [3] By December of that year, 10 states ...
Across the nation, more than $20 billion is waiting to be reclaimed by citizens who may not even know they may be owed cash from "unclaimed property," which can include uncashed paychecks, refunds ...
The Treasurer is charged by Article V, Section 18 of the Illinois Constitution with the safekeeping and investment of the monies and securities deposited into the state treasury. [3] As such, the Treasurer is not the chief financial officer of Illinois. That role is occupied by a separate elected official, the Comptroller.