I-Cash Events in Effingham and Decatur on October 24th Illinois State Treasurer Dan Rutherford is encouraging Effingham and Decatur area residents to attend his I-Cash events on Friday, October 24th to determine if the state is holding any money or unclaimed property entitled to them. In fact, 10,869 owners in Effingham County have $1,302,782 in unclaimed property according to the July list of unclaimed property holders. There are 51,687 owners in Macon County with $9,423,394 in unclaimed property. 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. Friday, October 24, 2014 Effingham, Willowbrook of Effingham, 100 East Biohm Avenue, Effingham (East Building) 10:00 a.m.: Treasurer Rutherford will be in attendance. 9:30 a.m. -11:00 a.m.: I-Cash staff will be on site to help attendees find out if they have unclaimed property. Decatur, Evergreen Place, 4825 Evergreen Court, Decatur (Dining Room) 1:00 p.m.: Treasurer Rutherford will be in attendance. 12:30 p.m. - 2:00 p.m.: I-Cash staff will be on site to help attendees find out if they have unclaimed property. 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 dont miss out on money or valuable assets the state is holding for them. The treasurers Unclaimed Property Divisions costs, including staff, computers and travel, are paid with program funds, and not by tax dollars. In 2011, during Treasurer Rutherfords 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. In the first half of 2014, the program returned $71,441,744 to 32,257 claimants. 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 the treasurers office. 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. To find out if one has unclaimed property through I-Cash, one can visit the treasurers 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, 20 Oct 2014 16:28:09 +0000
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