Illinois State Treasurer’s Office News Releases

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State Treasurer Michael Frerichs Returns Purple Heart To Daughter of Late World War II Marine

Video clips link 1 (Purple Heart return): Video clips link 2 (Delbert Tuttle story): Video clips link 3 (vault, radio voiceover): Ahead of Veterans Day, Illinois State Treasurer Michael Frerichs announced he has returned a Purple Heart medal belonging to a late World War II Marine from Decatur to the veteran’s daughter. U.S. Marine Corps Private First- Class Delbert G. Tuttle earned the honor, along with the Silver Star, for wounds he suffered during the Battle of Saipan in the Pacific Theater on June 15, 1944. “Private…

Read MoreState Treasurer Michael Frerichs Returns Purple Heart To Daughter of Late World War II Marine
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Treasurer Michael Frerichs’ Office Publishes Annual Report on Small Business Spending

Illinois State Treasurer Michael Frerichs’ office increased its small business spending by more than 67 percent from Fiscal Year 2023 to Fiscal Year 2024, a new report states. During Fiscal Year 2024, the Treasurer’s Office spent a total of $978,370.74 on contracts and other purchases with small businesses, which represents approximately 5 percent of the Office’s overall contract and purchase spending of $20,486,260.99. For comparison, spending during Fiscal Year 2023 totaled $585,221.91. The information is included in the Illinois State Treasurer’s Office annual report on the Office’s utilization of small…

Read MoreTreasurer Michael Frerichs’ Office Publishes Annual Report on Small Business Spending
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Treasurer Frerichs Clinches Sixth Morningstar Gold Rating For Bright Start 529 Savings Plan

CHICAGO — Illinois State Treasurer Michael Frerichs announced today that Illinois’ Bright Start 529 College Savings Plan has again earned top rankings from Morningstar, keeping the plan among the best in the nation. “Being recognized as a strong advocate for Illinois families is an honor,” said Treasurer Frerichs, who serves as the Trustee and Administrator of Bright Start 529 College Savings. “Every day we work diligently to keep fees low, provide a high-quality range of investment options , and ensure a family’s hard-earned savings goes toward the cost of college…

Read MoreTreasurer Frerichs Clinches Sixth Morningstar Gold Rating For Bright Start 529 Savings Plan