Illinois Treasurer Frerichs Reminds Residents Getting Missing Money to Cash the Check

Lawndale News Chicago's Bilingual Newspaper - Local News

Illinois State Treasurer Michael Frerichs is encouraging nearly 140,000 residents to cash the unclaimed property checks that are arriving in the mail. The checks went out as part of the latest round of the Enhanced Money Match program, which allows the Treasurer’s Office to automatically return missing money to people without the need to file a claim. The office leverages data the state already collects and crossmatches it with the State Treasurer’s unclaimed property database. In recent weeks, the Treasurer’s Office sent letters to unclaimed property owners that described the amount and source of the money that’s on the way. Since 2018, the Illinois Treasurer’s Office has returned more than $102 million to nearly 422,000 people through the Enhanced Money Match program. The nearly 140,000 letters sent in this round makes it the largest Money Match ever performed in the nation. Enhanced Money Match focuses on simple claims: Cash owed to a single person. Not included is cash owned by multiple parties, including a joint holding of a parent and minor child, as well as shares of stocks and bonds, escrow accounts, and the contents of bank safe deposit boxes. To see if you have unclaimed property, check the online database at www.illinoistreasurer.gov/ICASH

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