I-Cash Program: Discover What's Yours
The Illinois State Treasurer’s Office requested that RAILS share this information with the library community.
Discover What's Yours
In this challenging economy, every little bit of extra cash can help. That’s why the Illinois State Treasurer’s Unclaimed Property Division is encouraging people to “discover what’s yours” by visiting its website today to see if they have an asset waiting for them in the state I-Cash program.
Formerly called “Cash Dash,” I-Cash was established in 1999 with the goal of helping Illinois residents through the process of reclaiming money or assets. Most assets are transferred to the state after they’ve been inactive for at least five years.
One in eight Illinois residents has an asset to be claimed though I-Cash. So the chances are good that you, or someone you know, will discover cash or assets in the database. The state currently has $1.5 billion in cash, plus contents from Illinois safe deposit boxes, which need to be returned to Illinois residents.
The I-Cash website (www.icash.illinois.gov) makes it easy for people to discover if they have cash and other assets waiting for them. It’s a simple, three-step process:
- Enter your name in the online search field
- If it’s a match, fill out and submit the online claim form
- Receive your property or cash and enjoy what you’ve discovered
Illinois residents have nothing to lose, and everything to gain, by searching the I-Cash website. And the time to search is now: 780,000 additional names were recently added to the public web database by the Illinois State Treasurer’s Office.
Searching is free, and dollar amounts of cash in the system range from $5 to $500,000-plus. Assets to be reclaimed include everything from stocks and CDs, to safe deposit boxes and valuables. Within weeks, residents are reconnected with their cash or assets, allowing them to enter the next exciting phase of discovery – discovering how to use their findings.
Visit www.icash.illinois.gov today, and discover what’s yours!