Illinois State Treasurer’s Office News Releases

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Illinois State Treasurer Michael Frerichs Sets Online Auction of Unclaimed Property for November 27-December 1

SPRINGFIELD — Collectible coins, jewelry and basketball-related memorabilia are among the hundreds of unclaimed property items to be auctioned online from November 27 through December 1. “Our online auction offers an excellent opportunity for people to find distinctive items to add to a personal collection or to present to others as the perfect gift,” said Illinois State Treasurer Michael Frerichs, whose office oversees unclaimed property in Illinois. “The online auction also is convenient, allowing people to shop from the comfort of home or anywhere they choose.” Items to be auctioned…

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Returns $18.9 Million In Missing Money in October

SPRINGFIELD — The Illinois State Treasurer’s Office returned more than $18.9 million in missing money during October, Illinois Treasurer Michael Frerichs announced today. The total includes more than $18 million in cash and interest and more than $900,000 in stock value. All told, 33,845 claims were paid. “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.” Illinois’ missing money program — also known as I-CASH — is one of the…

Read MoreReturns $18.9 Million In Missing Money in October
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Midwest Investors Diversity Initiative Seeks More Diversity on Corporate Boards

SPRINGFIELD, IL — The Midwest Investors Diversity Initiative (“MIDI”), a 16-member alliance of institutional investors with more than $1 trillion in assets under management and advisement, reported progress today on its efforts to increase board diversity at Midwest- based companies. During the 2022- 2023 proxy season, MIDI members engaged eight companies, specifically related to their board diversity. From these engagements, we’re pleased to report the following results to date: o 4 companies appointed or committed to appoint a diverse director; o 8 companies have adopted a diverse search policy (one…

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