Illinois State Treasurer’s Office News Releases

SPRINGFIELD — The ‘Money Match’ program, which automatically returns lost money to Illinois residents without the usual need to gather paperwork or file a claim, is expected to automatically return nearly $1 million in unclaimed money to more than 8,000 residents, Illinois State Treasurer Michael Frerichs said today. “We are proud of the success of our Money Match program,” Frerichs said. “Since this program began last year, we have generated over 114,000 money match claims and returned more than 12 million dollars to residents without them submitting paperwork or filing…

SPRINGFIELD — Illinois State Treasurer Michael Frerichs today urged swift passage of federal legislation that will bring safety, certainty and security to the financial institutions that support the industry. The U.S. House of Representatives this week passed the Safe Banking Act 321-103 with strong bipartisan support. The legislation would allow financial institutions such as banks and credit unions to legally provide financial services to legal cannabis businesses. The legislation now goes to the Republican-led Senate for approval. Such legislation was first introduced in 2013. Frerichs has urged Congress and President…