Illinois State Treasurer Michael Frerichs announced that more than $22 million was returned to nearly 19,000 residents in January 2025 through the I-CASH program, the state’s initiative to reunite people with their unclaimed property.
What Is the I-CASH Program?
I-CASH collects forgotten bank accounts, uncashed checks, unpaid life insurance benefits, and safe deposit box contents from financial institutions and businesses when they remain unclaimed for a while.
The Treasurer’s Office holds these assets by law until the rightful owner or heirs claim them.
Worth a read: Find Your Unclaimed Property in Illinois – I-Cash Program Event
Unclaimed Property Awareness Efforts Lead to Record Claims
During National Unclaimed Property Day (Jan. 27 - Feb. 2), the Treasurer’s Office saw a record 38,389 claims initiated, more than triple the typical weekly average of 11,000 claims.
Read: Do You Have Unclaimed Money Waiting for You?
Program Success Under Treasurer Frerichs
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Over $2.2 billion returned since Frerichs took office.
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$300 million was distributed to more than 330,000 claimants last year.
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A revamped I-CASH website now includes Spanish-language support and a feature allowing users to notify friends and family about possible unclaimed funds.
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The Enhanced Money Match Program automatically returns money to verified owners without requiring them to file a claim.
How to Check for Unclaimed Property
Illinois residents are encouraged to search for unclaimed property regularly as new assets are added to the system.
To check if you have unclaimed money, visit the Illinois Treasurer’s I-CASH and submit a free search.
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