Newly Designed Currency

The United States Treasury is issuing redesigned $5 bills in an effort to stay ahead of counterfeiting. The new $5 bill, which is the fourth denomination to be redesigned in the series, includes subtle shades of purple and gray along with images of the Great Seal of the United States. The redesigned currency will be safer, smarter, and more secure: safer because they’re easier to check; smarter to stay ahead of savvy counterfeiters; and more secure to protect the integrity of U.S. currency. The new design $5 bills will be issued on March 13, 2008.

New Currency Rollout

Beginning Thursday, March 13, 2008 and continuing through Friday, April 4, 2008, all Federal Reserve offices will distribute the new design $5 bills when filling customer orders for $5s. All Federal Reserve offices have accumulated an inventory of the new notes for this purpose. If the inventory of new design $5s at any specific office is exhausted before April 4, 2008, that office will revert to the Federal Reserve’s regular practice of filling orders with fit notes.

Beginning on April 7, all Federal Reserve Offices will revert to filling orders with fit notes, or with new notes when fit notes are not available. Please note that the Federal Reserve System currently has an inventory of older design $5 bills, which will be used to fill orders for $5s on and after April 7 until the entire supply has been exhausted.

Older designs of $5 notes are not being recalled or devalued. Neither depository institutions nor individuals need to exchange their older notes for the new design. Both the new notes and the older design notes will co-circulate and continue to be honored at full face value. However, in anticipation of strong public interest in the new notes, we encourage you to order the new notes to meet your customers’ demands.

For More Information

To learn more about the new $5s or to order free educational materials, please visit the Bureau of Engraving and Printing’s Web site (Off-site Link).

For questions about the new designed $5 bills or other FedCash® Services inquiries, please consult your local FedCash Services contact.