Then, that individual can start the process of retrieving the property. Whenever visitors to the ICash website come across the name of someone they know, they can select the “share” icon and provide the email address of their friend or relative.įrerichs’ office then will notify the individual by sending an email that mentions the unclaimed property, along with the name of the friend or relative who spotted it. Through the Friends and Family “share” feature on ICash, anyone can help the treasurer’s office connect with individuals whose names appear in the unclaimed property database. The ICash website ( is a searchable database where people can check for unclaimed property. One of Frerichs’ responsibilities as state treasurer is to safeguard unclaimed property that is reported to his office. The National Association of Unclaimed Property Administrators launched the Unclaimed Property Day initiative three years ago to raise awareness of unclaimed property and help reunite Americans with their lost assets. 1, Frerichs is highlighting the two recent ICash website improvements, which make it simpler than ever for people to discover and collect unclaimed property. SPRINGFIELD, IL-( Effingham Radio)- People checking for unclaimed property on the ICash website can now ask questions of a chatbot named Abe, and they can alert friends or relatives who do not know they have unclaimed property, Illinois State Treasurer Michael Frerichs announced today.Īhead of National Unclaimed Property Day on Feb. Visit to enter your name and find out if unclaimed property is waiting for you.National Unclaimed Property Day is February 1 Set up a reminder on your smart phone’s calendar or fire up your computer and do a search when you change your smoke detector batteries every six months.
Thousands of items are reported and remitted to the state annually, and residents are encouraged to check the unclaimed property database twice each year. Treasurer Frerichs has returned a record more than $1.6 billion in unclaimed property through more than 1.3 million claims during his tenure after he prioritized changes in technology, efficiency and state law to streamline the process. In Effingham County, there are nearly 40,600 unclaimed properties totaling nearly $2 million.Īn estimated one-in-four adults in Illinois who search I-Cash find unclaimed property, and the average claim is $1,000.In Marion County, there are more than 63,650 unclaimed properties totaling more than $8.5 million.In Fayette County, there are more than 20,000 unclaimed properties totaling nearly $4.7 million.In Clinton County, there are nearly 35,400 unclaimed properties totaling more than $2 million.In Bond County, there are nearly 18,900 unclaimed properties totaling more than $316,000.In Jersey County, there are more than 24,200 unclaimed properties totaling more than $1.3 million.In Calhoun County, there are more than 5,000 unclaimed properties totaling $115,000.In Monroe County, there are more than 40,550 unclaimed properties totaling more than $1.6 million.Clair County, there are nearly 483,000 unclaimed properties totaling more than $119.6 million. In Madison County, there are more than 441,600 unclaimed properties totaling more than $44 million.Here are the unclaimed property totals for Metro East counties: State law requires the Illinois Treasurer’s Office to publish newspaper ads in all 102 Illinois counties every six months and to send letters to residents who have newly reported unclaimed property of $100 or more. It should be in their pocketbook rather than the state’s safe.”įrerichs’ reminder is part of a statewide digital media, newspaper and direct mail push to reunite residents with more than $3.5 billion in unclaimed property. “This money and property belong to the people of Illinois. “It’s often a surprise for people to find out they have an overlooked investment account or final paycheck through no fault of their own,” Frerichs said.
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