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FedCash® Services
Latest News
06/15/2009
06/04/2009
04/14/2009
FedCash Services Offerings
The Federal Reserve Banks offer FedCash Services to help ensure that depository institutions have sufficient supplies of currency and coin to meet public demand. Each Federal Reserve District maintains currency and coin processing operations to accept deposits of excess and unfit currency and process orders for currency and coin. The Federal Reserve System also processes and destroys food coupons through the Memphis Branch of the Federal Reserve Bank of St. Louis.
Currency
Order and deposit currency, monitor and manage cross-shipping activity and access valuable information regarding exception processing including damaged or counterfeit currency.
Coin
Order and deposit coin, manage new coin release availability and distribution timeframes and access valuable information regarding exception processing including damaged coin and holiday ordering requirements.
Food Coupons*
Deposit food coupons and receive credit for the amount of the deposit upon receipt at the Memphis Branch of the Federal Reserve Bank of St. Louis.
*Financial institutions have until September 17, 2009 to submit properly redeemed paper Food Coupons to the Federal Reserve for credit to their account, for more information please review the following customer communication (PDF).
- U.S. Bureau of Engraving and Printing (Off-site Link)
- U.S. Mint (Off-site Link)
- U.S. Department of the Treasury (Off-site Link)
- U.S. Department of Agriculture Food Stamp Program (Off-site Link)
- U.S. Secret Service (Off-site Link)
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