I-CASH GIFFORD & DANVILLE 10/28 AND CHAMPAIGN 10/29 As State Treasurer, I will be hosting I-Cash, Unclaimed Property, visits in Gifford and Danville on October 28th and Champaign on October 29th. Its 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 my office after 5 years. Some examples of unclaimed property currently held by the treasurers 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 Below is the list of times and places where my staff and I will be on Tuesday, October 28th and 29th. October 28th Gifford, Country Health Care and Rehab, 2304 CR 3000 N, Gifford (Activity Room) 1:30 p.m. - 3:00 p.m.: My staff will be on site to help attendees find out if they have unclaimed property. Open to the public. 2 p.m.: I will be in attendance. Danville, Colonial Manor, 620 Warrington Avenue, Danville (West Lounge) 3:00 p.m. - 4:30 p.m.: My staff will be on site to help attendees find out if they have unclaimed property. Open to the public. 3:30 p.m.: I will be in attendance. October 29th Emeritus at Canterbury Ridge, 1706 East Amber Lane, Urbana (Activity Room) 10:30 a.m. -Noon: My staff will be on site to help attendees find out if they have unclaimed property. Open to the public. 11:00 a.m.: I will be in attendance. Inman Place, 17 East University Avenue, Champaign (Crystal Room) 1:30 p.m. - 3:00 p.m.: My staff will be on site to help attendees find out if they have unclaimed property. (This event is closed to the public; however the media is welcome to attend.) 2:00 p.m.: Treasurer Rutherford will be in attendance. Heartland Healthcare Center- Champaign, 309 East Springfield Avenue, Champaign (Lobby) 2:30 p.m. -4:00 p.m.: My staff will be on site to help attendees find out if they have unclaimed property. Open to the public. 3:00 p.m.: I will be in attendance. Heritage Nursing Center, 1315 Curt Drive (Unit B), Champaign (Lobby) 3:30 p.m. -5:00 p.m.: My staff will be on site to help attendees find out if they have unclaimed property. Open to the public. 4:00 p.m.: I will be in attendance. There are about 90,000 owners in Champaign County who have over $15 million in unclaimed property and about 33,000 owners in Vermillion County with over $6 million in unclaimed property. Our Unclaimed Property Divisions overheads, including staff, computers and travel, are paid with program funds, and not by tax dollars. In 2011, our first year in office, the program marked the first time in history that the Treasurers office returned more than $100 million to the people who owned those assets. The total returned for 2012 was $129 million, a 27 percent increase over the previous year. In 2013, the program reunited more than $139 million in cash and other assets to their rightful owners, representing a 69 percent increase over 2010. In the first half of 2014, the program returned $71,441,744 to 32,257 claimants. To find out if you have unclaimed property through I-Cash, please visit my website at treasurer.il.gov and follow the I-Cash link. The website is updated every Sunday, with an average of 25,000 names, to reflect new properties remitted to my office.
Posted on: Sun, 26 Oct 2014 18:29:03 +0000
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