March 20, 2024 -The Illinois State Treasurer’s Office returned nearly $20 million in missing money during February.
The total includes more than $17.1 million in cash and interest and nearly $2.5 million in stock value. All told, 19,046 claims were paid in February.
“We help Illinois’ economy by putting money back in people’s pockets,” Frerichs said. “Our efforts to improve the efficiency of reuniting people with their missing money are paying off.”
The Illinois State Treasurer is tasked with safeguarding unclaimed property, such as the contents of overlooked safe deposit boxes, unpaid life insurance benefits, forgotten bank accounts and unused rebate cards. Illinois holds more than $5 billion in unclaimed property.
So far in 2024, the Treasurer’s Office has returned more than $36.8 million through 44,480 claims.
The Illinois State Treasurer’s Office recommends that people check for missing money at least twice each year. You can check icash.illinoistreasurer.gov to see if missing money is waiting for you.
