U.S. penny production paused

The U.S. Mint has paused minting pennies, according to recent announcements from the Treasury Department.

Coin distribution sites across the country are already experiencing shortages in various markets. Once existing inventories are depleted, they may not be replenished.

It’s important to note that pennies in circulation will remain legal tender, and there are no announced plans to remove them from use.

Regions remains committed to proactively managing coin inventories throughout the penny phase-out to best serve our customers. This may include adjustments to branch and commercial orders based on available supply levels.

For further details, the Federal Reserve offers a FAQ section on its website that provides additional information about penny deposits and ordering procedures.

Penny production FAQs

The U.S. Mint has paused minting pennies, according to recent announcements from the Treasury Department.

Due to limited availability, Regions branches and Vault Services may adjust customer penny orders based on current inventory levels. Once penny inventories are depleted, they may not be replenished.

Businesses are encouraged to proactively prepare for penny shortages and impacts to cash transactions with strategies such as:

  • Promoting electronic payment methods such as debit, credit or mobile payments, which remain unaffected by coin availability.
  • Training staff to clearly communicate the changes and their impact to customers.

If you have questions about coin inventory, contact your banker or visit a branch.

For additional guidance tailored to your specific business, please consult trusted industry or trade associations for best practices.

Pennies remain legal tender in the United States, and there are currently no plans to discontinue their use. We continue to monitor developments through trade groups representing banks across the country, including the American Bankers Association, and will provide updates as needed.
Penny deposits are still accepted at Regions without restriction.
If you have questions about pennies or coin inventory, contact your banker or visit a branch.