Treasurer Dan Rutherford to Host I-Cash Event in Ogle County Illinois State Treasurer Dan Rutherford is encouraging Ogle County residents to attend his I-Cash event on Tuesday, December 16th to determine if the state is holding any money or unclaimed property. In fact, there are 17,360 owners in Ogle County with $2,400,104 in unclaimed property according to the July list. The Unclaimed Property Division has $2.1 billion in cash, plus contents from Illinois safe deposit boxes that have been inactive for at least five years. Tuesday, December 16, 2014 Rochelle, Rochelle Rehabilitation & Health Care Center, 900 North 3rd St. (Common Area) 1 p.m.: Treasurer Rutherford will be in attendance. 12:30 – 2:00p.m: I-Cash staff will be on site to help attendees find out if they have unclaimed property. *Press and public welcome “People are thrilled to find out they have money just waiting for them through I-Cash,” said Treasurer Rutherford. “I encourage area residents to come visit me at local I-Cash events for assistance in locating their money or property. In addition 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 treasurer’s Unclaimed Property Division’s costs, including staff, computers and travel, are paid with program funds, and not by tax dollars. In 2011, during Treasurer Rutherford’s first year in office, the program marked the first time in history that the 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. Thus far in 2014 the Unclaimed Property Division has returned $151 million in assets. 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. 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, please 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. Additionally, our I-Cash team conducts regular outreach across the state, places twice-annual notices in newspapers and sends direct mail to new claimants with property worth more than $100. One can contact the Unclaimed Property Division by calling 217-785-6998 or emailing [email protected], although searches cannot be completed by telephone.
Posted on: Mon, 15 Dec 2014 16:22:14 +0000
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