Penny Order and Deposit Information

As a result of the U.S. Department of the Treasury’s decision to end production of the U.S. penny coin, the Federal Reserve is communicating to customers anticipated changes to penny ordering and deposits as certain coin distribution locations run out of inventory.

FedCash® Services continues to operate as normal for all other cash and coin activity.

Frequently Asked Questions about Penny Deposits and Orders

The Federal Reserve is committed to facilitating the acceptance of penny deposits from banks and credit unions. Beginning on Jan. 14, coin distribution locations providing services under arrangements with the Federal Reserve, including some which had previously suspended this service, will be accepting deposits of pennies. Our monitoring of the flow of penny deposits from financial institutions as these changes take effect will determine whether some subsequent expansion of ordering options for pennies is feasible, given that penny production has ended.

Penny Ordering and Depositing Locations

Click below to expand lists of locations by Federal Reserve Bank District.

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