The Penny is Phasing Out, but your Coins Still Count!

You may already know that the United States has officially stopped making new pennies. The U.S. Mint produced its final pennies in November 2025, a change driven by rising production costs — it has been costing nearly 4 cents to make a coin worth 1 cent. 

Even though no new pennies are being made, existing pennies are still legal tender. There are billions still in circulation nationwide, but many are sitting untouched in jars, drawers, and car cup holders. Because people tend to hold onto their spare change instead of spending or depositing it, pennies are moving much more slowly through the economy. This slowdown has made it harder for businesses and banks to keep enough coins on hand. 

What This Means for You
For most people, daily life won’t change much right away. You can still use pennies when you pay with cash, and they still count the same as always. Digital payments—like debit cards and mobile wallets—continue to work to the exact cent.

However, as fewer pennies circulate, some places may not always have them available:

• You may even start seeing some retailers and businesses rounding cash transactions to the nearest five cents, and encouraging you to make electronic payments. 
• Check around your home, car, or coin jars and use any pennies and spare change to make purchases when possible. 

Keeping coins moving in our community is still very important. 

How You Can Help
One of the best things you can do is simple – Bring in your loose or spare pennies to our branch for deposit. Depositing your pennies at a local bank helps ensure coins stay in circulation here at home rather than sitting unused. Even a small jar of pennies or other spare change can make a big difference across local businesses, organizations, and families who still rely on cash.

We will continue accepting pennies for deposits just as we always have, and we’ll keep you updated as national changes develop. If you have questions or want help using our coin counting machine for any coins you bring in, our team is ready to assist.

Since the U.S. Treasury has officially ended the production of the penny, banks like us can no longer order pennies from the Federal Reserve. Because of this, we are not able to provide rolled pennies. We apologize for any inconvenience this may cause.