Politics & Government

Does the State Have Your Money?

Illinois Treasurer Dan Rutherford to Host Cash Dash Tour in Libertyville on Nov. 16.

Illinois State Treasurer Dan Rutherford and Mayor Terry Weppler will be hosting a Cash Dash event to help residents determine if they have unclaimed property on from 9 a.m. to 11 a.m. on Nov. 16 at the .

“People are thrilled to find out they have money just waiting for them through Cash Dash,” Rutherford said. “I encourage area residents to come visit me at local Cash Dash events for assistance is locating their money or property – plus 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.” 

Libertyville's Cash Dash event is one of the 10 stops Rutherford will be making in Lake, Kane and McHenry counties.

Find out what's happening in Libertyvillewith free, real-time updates from Patch.

The treasurer’s Unclaimed Property Division has $1.5 billion in cash, plus contents from Illinois bank safety deposit boxes that have been abandoned for at least five years. 

The Cash Dash program helps reunite owners with their unclaimed property. On average, the Cash Dash program returns about $80 million dollars annually to owners. 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.

Find out what's happening in Libertyvillewith free, real-time updates from Patch.

Some examples of unclaimed property currently held by the treasurer’s office include the following:

  • Money in inactive savings and checking accounts
  • Unpaid wages or commissions
  • Stocks, bonds and mutual funds
  • Money orders and bill overpayments
  • Paid-up life insurance policies
  • Safety deposit box contents.

To find out if you have unclaimed property through Cash Dash, visit the treasurer’s website at www.treasurer.il.gov and follow the Cash Dash link.

You can also contact the Unclaimed Property Division by calling 217-785-6998 or emailing info@cashdash.net

Information provided by Illinois Treasurer Dan Rutherford.

 


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