Politics & Government
State Treasurer in Downers Grove Today
Dan Rutherford explains I-Cash, a state program that returns unclaimed cash and property to Illinois residents. As of July, 447,095 owners in DuPage County have $126,661,724 in unclaimed property.
Illinois State Treasurer Dan Rutherford is encouraging Downers Grove residents to attend his I-Cash event today, Saturday to determine if the state is holding any money or unclaimed property entitled to them. In fact, 447,095 owners in DuPage County have $126,661,724 in unclaimed property. This is according to the July list of unclaimed property holders.
From 9-10 a.m., Rutherford will attend Coffee with the Village Council at the Downtown Market at the Main Street Train Station.
From 9:30 a.m.–1 p.m., I-Cash staff will be on site to help local residents find out if they have unclaimed property.
Find out what's happening in Downers Grovefor free with the latest updates from Patch.
“People are thrilled to find out they have money just waiting for them through I-Cash,” Rutherford said in a prepared statement. “I encourage area residents to come visit me at local I-Cash events for assistance in locating their money or property—plus everyone should make an attempt to review our online database annually so they don’t miss out on money or valuable assets the state is holding for them.”
The total amount returned to residents in 2011 was $101,679,655, a 23 percent increase over the previous year. In the past, the I-Cash program returned about $80 million annually to owners. It’s common for people to lose track of their assets when they move or when loved ones pass away. Businesses and banks are required to turn over unclaimed accounts to the treasurer’s office.
Find out what's happening in Downers Grovefor free with the latest updates from Patch.
Some examples of unclaimed property currently held by the treasurer’s office include:
- Money from inactive savings and checking accounts
- Unpaid wages or commissions
- Stocks, bonds and mutual funds
- Money orders and bill overpayments
- Paid-up life insurance policies
- Safe deposit box contents
To find out if you have unclaimed property through I-Cash, you can visit the treasurer’s website at treasurer.il.gov and follow the I-Cash link. The website is updated weekly to reflect new properties remitted to the office. You can contact the Unclaimed Property Division by calling 217-785-6998 or emailing info@icash.illinois.gov.
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