Illinois Unclaimed Property Program Returns $22 Million to Residents in January 2025

Darrin Buckridge
Published Feb 26, 2025

Illinois Unclaimed Property Program Returns $22 Million to Residents in January 2025

Illinois State Treasurer Michael Frerichs announced that over $22 million was returned to nearly 19,000 residents in January 2025 through I-CASH, the state’s Unclaimed Property Program.
 

What Is I-CASH?

The I-CASH program collects uncashed rebate checks, unpaid life insurance claims, forgotten bank accounts, and safe deposit box contents from companies and banks after a period of dormancy.

Worth a read: Find Your Unclaimed Property in Illinois – I-Cash Program Event

The Illinois Treasurer’s Office is legally required to hold onto unclaimed money and property until it is returned to its rightful owner or heirs.

Record-Breaking National Unclaimed Property Day

During National Unclaimed Property Day, from Jan. 27 to Feb. 2, the Treasurer’s Office saw a record-breaking 38,389 claims initiatedmore than triple the usual weekly average of 11,000 claims.
 

I-CASH’s Success

  • Over $2.2 billion returned since Frerichs took office.

  • Nearly $300 million returned to 330,000 claimants last year.

  • New I-CASH website features include a Spanish-language option and the ability to send potential unclaimed property alerts to family and friends.

  • The Enhanced Money Match program now automatically returns money to residents without requiring them to file a claim.

Read: The State By State Guide to Unclaimed Assets

How to Check for Unclaimed Property

Illinois residents are encouraged to check the I-CASH website multiple times a year to see if they have unclaimed funds waiting for them.

For more information or to search for missing money, visit Illinois Treasurer’s I-CASH.

Previous article: How to Claim Your Unclaimed Property Checks in Arkansas

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