Ohio Bankers League

03/25/2026 | Press release | Distributed by Public on 03/25/2026 10:14

Update on the Penny Phase-Out

03/25/26

On March 23, a subset of coin distribution locations that previously stopped fulfilling penny orders on behalf of the Federal Reserve will begin fulfilling orders again due to increased deposit activity. This increased deposit activity has increased confidence in the ability to meet orders.

The Federal Reserve will continue to monitor the flow of penny orders and deposits as these changes take effect and will evaluate further changes to penny ordering locations as needed. Please note that some coin distribution locations remain unable to fulfill penny orders due to localized inventory availability.

For more information and to check your coin distribution location, click here.

Ohio Bankers League published this content on March 25, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on March 25, 2026 at 16:14 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]