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A savings account was where 35% of Americans polled by GOBankingRates said they felt was the safest place for their money. You can earn a higher interest rate on your savings by opening a high ...
The clerk is a citywide elected office, and is one of three city-wide elected officials in the City of Chicago, along with the Mayor and the Treasurer. The current city clerk is Anna Valencia. One former city clerk is more famous for his non-political activities: The late Baseball Hall of Famer Cap Anson served one term from 1905-1907.
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All in all, banks are still the safest place to store your money. When you make deposits at an FDIC-insured bank, your money is insured up to $250,000 per depositor, per ownership category. (Joint ...
The City Treasurer’s Office is the custodian and manager of all cash and investments for the City of Chicago, the four City employee pension funds, and the Chicago Teacher’s Pension Fund. Additionally, the Treasurer’s Office manages a number of programs that promote financial education and small business growth in Chicago’s neighborhoods.
In 2012, the building was designated as a Chicago Landmark by the city, [4] and it was listed on the National Register of Historic Places in 2023. [5] In April 2023, the City of chicago approved a $13M redevelopment project for the building. It will be renovated into mixed-use spacing that will contain offices, for which several non-profits and ...
Inflation commonly affects savings. Nearly two-thirds (63%) of U.S. adults say they’re saving less for emergencies due to inflation, while 45% say a reason is rising interest rates.
The treasurer must file regular reports with the president of the Cook County Board of Commissioners providing summary of the financial status of their office. [1] The treasurer also, per state law, oversees the process of refunding overpayment of taxes. [1] As of 2022, the salary paid to the elected Cook County Treasurer is $115,500. [3]