The $1.3 billion milestone was possible because the State Treasurer’s office prioritized changes in technology, efficiency, and state law to streamline the unclaimed property process. Since 2015, $1.3 billion in unclaimed property has been returned, the most that has been returned in the program’s 60-year history. “It is your money and should be returned to you.”Īn estimated one-in-four people in Illinois find unclaimed property and the average claim is $1,000. “States are required to return unclaimed property to its owner no matter how long it takes,” Kathleen Lobell, Director of Louisiana Unclaimed Property, and President of National Association of Unclaimed Property Administrators (NAUPA) said. The National Association of Unclaimed Property Administrators (NAUPA) launched the first National Unclaimed Property Day on February 1, 2021, to inform more people about unclaimed property. “You don’t have to wait until February 1, you can check our website today at /ICASH and find out if you or someone you know has cash or property to claim.”

“We know when we get money back in the hands of residents, it does more good for our economy than sitting in a bank,” Frerichs said. On February 1, states across the country will celebrate National Unclaimed Property Day to raise awareness and encourage people to check if they have cash or property owed to them, Illinois Treasurer Michael Frerichs said. February 1 is National Unclaimed Property Day Visit /ICASH to Find Out What Belongs to You

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