iCash representatives in Hillsboro this week

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HILLSBORO — Illinois State Treasurer Michael Frerichs’ staff will be at the Hillsboro Area Public Library from 10 a.m. to 1 p.m. on Wednesday, April 16, to help reunite citizens with missing money through the iCash program.

In Montgomery County, the treasurer’s office holds an estimated 34,800 people’s unclaimed cash or property worth more than $4,800,000. Statewide, Frerichs secures more than $5 billion in unclaimed cash and property.

“For most people, it is difficult to believe they might have overlooked an investment account or forgotten to pick up a final paycheck. However, the thousands of names in our database show that it happens too often,” Frerichs said. “This money belongs to the residents of Illinois. It should be in their bank accounts rather than the state’s safe.”

In Illinois, the state treasurer safeguards missing money, such as unpaid life insurance benefits, forgotten bank accounts, and unused rebate cards. Illinois holds more than $5 billion in missing money. The state treasurer is legally required to return the property to its rightful owners, no matter how long it takes. Individuals can search the treasurer’s database for their name or the name of their business or non-profit at illinoistreasurer.gov/icash.