Illinois Department of Financial and Professional Regulation announces initiative to facilitate cashing of stimulus checks

State Issues Covid-19 Illinois Consumer Finance Banking

On May 1, 2020, the Illinois Department of Financial and Professional Regulation announced plans to provide new options for unbanked Illinoisans to cash their stimulus checks for free. The announcement highlights some of the banks that are willing to offer such services and provides resources that consumers can consult in connection with receiving their economic impact payments.