At Your Service
DRIVE THRU plus
General
Two main reasons:
- The cost to produce the penny exceeds it value.
- Additionally, the rise of digital payments has reduced the public’s reliance on cash.
The U.S. Mint has placed its final order of penny blanks and will continue production until they are used, likely ending production sometime in early 2026.
Yes, pennies can still be used for transactions where accepted.
Yes, as of today you can. We are working with our suppliers to explore available options and will maintain regular communication with them. As availability changes, the bank will access whether it is necessary to place limits on penny requests.
Yes, we will continue to accept pennies for deposit for the foreseeable future.
There is a large existing supply of pennies which means they will remain legal tender indefinitely. However, as businesses begin rounding transactions to the nearest nickel, the need for pennies will diminish.
As the availability of the penny decreases, the bank will evaluate any processes to ensure the customer’s needs are met.
The majority of modern pennies are not expected to gain significant collector value.
- Use them for cash purposes as long as retailers accept them.
- Deposit or exchange them at your branch.
- Donate them to charities.
Availability and Deposits
Yes, as of today you can. We are working with our suppliers to explore available options and will maintain regular communication with them. As availability changes, the bank will access whether it is necessary to place limits on penny requests.
o Yes, we will continue to accept pennies for deposit for the foreseeable future.
There is a large existing supply of pennies which means they will remain legal tender indefinitely. However, as businesses begin rounding transactions to the nearest nickel, the need for pennies will diminish.
As the availability of the penny decreases, the bank will evaluate any processes to ensure the customer’s needs are met.
The majority of modern pennies are not expected to gain significant collector value.
- Use them for cash purposes as long as retailers accept them.
- Deposit or exchange them at your branch.
- Donate them to charities.
Changes to Cash Transactions
As the availability of the penny decreases, the bank will evaluate any processes to ensure the customer’s needs are met.
The majority of modern pennies are not expected to gain significant collector value.
- Use them for cash purposes as long as retailers accept them.
- Deposit or exchange them at your branch.
- Donate them to charities.
What Do I Do With My Pennies?
The majority of modern pennies are not expected to gain significant collector value.
The majority of modern pennies are not expected to gain significant collector value.
- Use them for cash purposes as long as retailers accept them.
- Deposit or exchange them at your branch.
- Donate them to charities.
