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About the Company

Treasurer Michael Frerichs serves as the state`s banker and chief investment officer. His office`s primary responsibility is to protect and wisely invest taxpayers` money while boosting the Illinois macro and micro economy. At any given time, the State Treasurer manages about $20 billion in state and local funds and $7 billion in college savings plans. The Treasurer`s Office also administers programs to promote the financial health of Illinois communities and its residents. - College Savings Programs (529 plans) - Invest in Illinois programs - Illinois Funds (local government investment pools) - Epay Merchant Payment Processing - State Portfolio & Banking - iCash/Unclaimed Property - Financial Education

About the Person