Illinois State Treasurer’s Office News Releases

SPRINGFIELD — Illinois State Treasurer Michael Frerichs today announced the return of more than $45,000 to the American Cancer Society. The money came from two bank accounts belonging to Diane Koszyk of Elmwood Park, Illinois, and was turned over to the Illinois Treasurer’s Unclaimed Property Division after her death. Koszyk died in 2017, at age 78, in Seasons Hospice, which was then located at Weiss Memorial Hospital in Chicago. She had selected the American Cancer Society as beneficiary and co-beneficiary on savings and checking accounts with JPMorgan Chase & Co.…

SPRINGFIELD — Illinois State Treasurer Michael Frerichs today responded to the Supreme Court opinion that overturned Roe v. Wade. “Five people I never met decided they will make health decision for my school-aged daughter, not me,” Frerichs said. “Years from now, when my daughter is an adult, she will not be able to decide what happens with her body because five people she never met determined they know best,” Frerichs said. “Today, the doctors and nurses and friends who participate in a woman’s decision could face criminal charges for doing…

SPRINGFIELD — The Illinois Funds, a mutual fund investment used by local governments through the Illinois State Treasurer’s Office, earned the top AAA rating from Fitch Ratings, Illinois State Treasurer Michael Frerichs said today. The Illinois Funds rating mirrors the investment confidence already shown by Morningstar for the Bright Start college savings program. “This is another example of an outside firm pointing out that we’re doing things right,” Frerichs said. “The Illinois Funds is one of the many ways we invest in the people of Illinois.” Established in 1975, more…