Illinois State Treasurer’s Office News Releases

SPRINGFIELD — In honor of Black History Month, Illinois State Treasurer Michael Frerichs today kicked off a virtual campaign to highlight and celebrate the achievements of African Americans in Illinois. This year’s national theme is The Black Family: Representation, Identity and Diversity. “We are proud to celebrate Black History Month and honor the unsung heroes doing impactful work quietly within their communities,” Frerichs said. “These leaders are creating jobs, educating our youth, and breaking down barriers to lead to a more equitable Illinois. We must continue to uplift and support…

SPRINGFIELD — A record-shattering $15 billion is invested in the state’s two most popular college savings programs, Bright Start and Bright Directions, Illinois State Treasurer Michael Frerichs said today. The balance was $7 billion when Frerichs was first elected in 2015. Changes Frerichs championed, especially the reduction of investment fees, more than doubled the balance and saved families $100 million. “We firmly believe that we must help people help themselves. Making it easier to save for college is a critical part of that mission,” Frerichs said. “We work every day…