Illinois State Treasurer’s Office News Releases

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State Treasurer to Make Low-Interest Bridge Loans for Businesses Available as Soon as This Week

SPRINGFIELD — Illinois small businesses can tap into $250 million in low-interest bridge loans as soon as this week to help push through the COVID-19 pandemic, Illinois State Treasurer Michael Frerichs said today. The state treasurer’s office will make $250 million available to Illinois banks and credit unions that wish to participate. The financial institutions will determine who is eligible for the loans. “We can move faster than the federal government and its partners because we are not slowed by the partisanship that overshadows such efforts,” Frerichs said. “Part of…

Read MoreState Treasurer to Make Low-Interest Bridge Loans for Businesses Available as Soon as This Week
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Treasurer Michael Frerichs to Team Up with Zion Mayor McKinney, Sen. Bush & Rep. Mason to Reunite Residents with Unclaimed Property

ZION — Illinois State Treasurer Michael Frerichs, Zion Mayor Billy McKinney, Sen. Melinda Bush, and Rep. Joyce Mason are hosting an event to connect Lake County residents with cash and property owed to them through the Treasurer’s I Cash Program. The event is set for March 6, 2020 from 8 a.m. to 7 p.m. at Zion Police Station at 2101 Salem Boulevard in Zion, IL. The event is free and open to the public. “For most people, it is difficult to believe that they might have overlooked an investment account…

Read MoreTreasurer Michael Frerichs to Team Up with Zion Mayor McKinney, Sen. Bush & Rep. Mason to Reunite Residents with Unclaimed Property
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Statement from Illinois State Treasurer Michael Frerichs on President Donald Trump Granting Clemency to Former Governor Rod Blagojevich

“Eleven years ago, I voted to convict and remove a member of my own party who abused his office to further his own re-election. I wish that Republicans in the U.S. House and Senate had shown similar courage when a leader in their party abused his office to further his own re-election. If that had happened, we would not be dealing with this today. It is some comfort, however, that my motion to bar our former governor from ever holding public office again means he will no longer be able…

Read MoreStatement from Illinois State Treasurer Michael Frerichs on President Donald Trump Granting Clemency to Former Governor Rod Blagojevich