{"id":13613,"date":"2025-12-15T10:55:42","date_gmt":"2025-12-15T15:55:42","guid":{"rendered":"https:\/\/baycoast.bank\/?p=13613"},"modified":"2026-02-23T13:19:36","modified_gmt":"2026-02-23T18:19:36","slug":"big-change-for-americas-small-change","status":"publish","type":"post","link":"https:\/\/baycoast.bank\/en\/insights\/big-change-for-americas-small-change\/","title":{"rendered":"Big Change For America\u2019s Small Change"},"content":{"rendered":"<div class=\"lazyblock-resource-hero-CtdN9 wp-block-lazyblock-resource-hero\"><div class=\"noHero\" style=\"height: 10rem;\"><\/div>\n\n<div class=\"spacer\"><\/div>\n\n<div class=\"section\">\n\t<div class=\"smallWrapper gutenberg\">\n\t    \n\t    <div class=\"categories flex\" style=\"justify-content: flex-start;\">\n\t\t\t<div class=\"h6\" style=\"margin-right: 2rem;\"><a href=\"https:\/\/baycoast.bank\/resource\/insights\">Insights<\/a><\/div>\n\t\t\t\t\t\t\n\t\t\t<div class=\"primaryColor dot h6\" style=\"transform: scale(2.2); \">\u00b7<\/div>\n\n\t\t\t<div class=\"h6\" style=\"margin-left: 2rem;\">\t\t\t\tDecember 15, 2025        \n\t\t\t<\/div>\n\t\t<\/div>\n\t    \n\t    <h1 class=\"h2 blue bgWhite\" style=\"max-width: 50rem\">Big Change For America\u2019s Small Change<\/h1>\n\t    \n\t    <hr style=\"margin-bottom: 7rem;\">\n\t  \n\t<\/div>\n\t\n\t<div class=\"wrapper\" style=\"justify-content: center; max-width: 90rem;\">\n\t\t<div style=\"width: 100%; position: relative;\">\n\t\t\t<img decoding=\"async\" src=\"https:\/\/baycoast.bank\/wp-content\/uploads\/2025\/12\/AdobeStock_119962274.jpeg\" role=\"img\" aria-label=\"Big Change For America\u2019s Small Change\" style=\"width: 100%; height: auto;\" \/>\n  \t\t<\/div>\n\t<\/div>\n<\/div>\n\n          <\/div>\n\n<div class=\"lazyblock-interior-content-RBKI5 wp-block-lazyblock-interior-content\"><div class=\"spacer\"><\/div>\n\n<div class=\"section\">\n\t<div class=\"paddedWrapper\">\n\t\t<div class=\"wrapper flex gutenberg\" style=\"justify-content: center;\">\n\n\t\t\t\n\t\t\t<div class=\"smallWrapper gutenberg\">\n\t\t\t\n\t\t\t\t<div class=\"h3\">The U.S. Treasury Ends Penny Production. How Will This Impact Your Wallet? <\/div>\n\t\t\t  \n\t\t\t  \t<hr style=\"margin-bottom: 5rem;\">\n\t\t\t\t\n\t\t\t\t\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-34f6a9d\" data-block-id=\"34f6a9d\"><p class=\"stk-block-text__text\">It\u2019s a story making headlines in 2025.&nbsp; After more than 230 years, the U.S. Treasury is ending the production of new pennies, due to the high cost and declining usage. As a result, many Southern New Englanders are still trying to make sense of it all.<\/p><\/div>\n\n\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-bf35983\" data-block-id=\"bf35983\"><p class=\"stk-block-text__text\">That\u2019s especially true for local businesses, now left to figure out how to handle the ensuing penny problem.\u00a0 After all, how do you make exact change with a lack of pennies for cash transactions?<\/p><\/div>\n\n\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-7b940bb\" data-block-id=\"7b940bb\"><p class=\"stk-block-text__text\">Here\u2019s a look at a few questions you may have regarding penny circulation and retail transactions, with information that may help you going forward:<\/p><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Question: Are pennies still considered legal tender?<\/strong><ul><li>Yes, pennies continue to be in circulation and still have value as legal tender, but with a lack of new production, and reported incidents of hoarding, there may be fewer available.\u00a0<\/li><\/ul>\n<ul class=\"wp-block-list\">\n<li>You can still use pennies for cash purchases and bank deposits.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Question:\u00a0 How will this change, impact bank transactions?<\/strong><ul><li>At BayCoast Bank, we will continue to distribute pennies for banking transactions as long as they are available.\u00a0 Please note that supplies may vary by branch location and may be limited.<\/li><\/ul><ul><li>Keep in mind, we can no longer order new pennies from the Federal Reserve.<\/li><\/ul>\n<ul class=\"wp-block-list\">\n<li>This means that over time, penny supplies may become limited.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Question: How will the lack of new penny production impact cash purchases?<\/strong>\n<ul class=\"wp-block-list\">\n<li>For cash transactions, local retailers may start rounding to the nearest nickel in order to make exact change.\u00a0<\/li>\n\n\n\n<li>Local businesses may also encourage the use of debit, credit card, and digital payments, as those transactions will still process at the exact amount.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-ea2f1bf\" data-block-id=\"ea2f1bf\"><\/div>\n\n\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-23916f6\" id=\"strong-bay-coasts-cashless-solutions-for-businesses-strong\" data-block-id=\"23916f6\"><h3 class=\"stk-block-heading__text\"><strong>BayCoast\u2019s Cashless Solutions for Businesses.<\/strong><\/h3><\/div>\n\n\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-16bf6d9\" data-block-id=\"16bf6d9\"><p class=\"stk-block-text__text\">With the penny being phased out, <a href=\"https:\/\/baycoast.bank\/en\/business\/services\/cash-management-solutions\/\">BayCoast Bank\u2019s Merchant Services<\/a> may be the perfect solution for area businesses, by offering cashless transactions.<\/p><\/div>\n\n\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-b0a5dfb\" data-block-id=\"b0a5dfb\"><p class=\"stk-block-text__text\">If you\u2019re a business owner, ask us about adding card terminals, virtual terminals, and mobile payment options, so your customers can benefit from fast, convenient, and secure transactions, without using cash.&nbsp;<\/p><\/div>\n\n\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-c32997f\" data-block-id=\"c32997f\"><p class=\"stk-block-text__text\">The best part?&nbsp; We can customize our Merchant Services offerings to fit your business needs. That means you can worry less about pennies and focus more on growing your bottom line!<\/p><\/div>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-d635db7\" data-block-id=\"d635db7\"><\/div>\n\n\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-3838e01\" id=\"strong-contact-us-strong\" data-block-id=\"3838e01\"><h3 class=\"stk-block-heading__text\"><strong>Contact Us<\/strong><\/h3><\/div>\n\n\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-6a01ef5\" data-block-id=\"6a01ef5\"><p class=\"stk-block-text__text\">If you have questions about BayCoast Bank\u2019s Merchant Services, or any other banking matters, please do not hesitate to contact us at <strong><u>508-678-7641<\/u><\/strong>.&nbsp; Our team will be happy to assist you!<\/p><\/div>\n\n\n\t\t\t<\/div>\n\n\t\t<\/div>\n\t<\/div>\n<\/div> <\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":20,"featured_media":13614,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[39],"class_list":["post-13613","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/baycoast.bank\/wp-content\/uploads\/2025\/12\/AdobeStock_119962274.jpeg",4752,3168,false],"thumbnail":["https:\/\/baycoast.bank\/wp-content\/uploads\/2025\/12\/AdobeStock_119962274-150x150.jpeg",150,150,true],"medium":["https:\/\/baycoast.bank\/wp-content\/uploads\/2025\/12\/AdobeStock_119962274-300x200.jpeg",300,200,true],"medium_large":["https:\/\/baycoast.bank\/wp-content\/uploads\/2025\/12\/AdobeStock_119962274-768x512.jpeg",768,512,true],"large":["https:\/\/baycoast.bank\/wp-content\/uploads\/2025\/12\/AdobeStock_119962274-1024x683.jpeg",1024,683,true],"1536x1536":["https:\/\/baycoast.bank\/wp-content\/uploads\/2025\/12\/AdobeStock_119962274-1536x1024.jpeg",1536,1024,true],"2048x2048":["https:\/\/baycoast.bank\/wp-content\/uploads\/2025\/12\/AdobeStock_119962274-2048x1365.jpeg",2048,1365,true]},"post_excerpt_stackable_v2":"<p>Insights \u00b7 December 15, 2025 Big Change For America\u2019s Small Change The U.S. Treasury Ends Penny Production. How Will This Impact Your Wallet? It\u2019s a story making headlines in 2025.&nbsp; After more than 230 years, the U.S. Treasury is ending the production of new pennies, due to the high cost and declining usage. As a result, many Southern New Englanders are still trying to make sense of it all. That\u2019s especially true for local businesses, now left to figure out how to handle the ensuing penny problem.\u00a0 After all, how do you make exact change with a lack of pennies&hellip;<\/p>\n","category_list_v2":"<a href=\"https:\/\/baycoast.bank\/en\/.\/insights\/\" rel=\"category tag\">Insights<\/a>","author_info_v2":{"name":"kcaisse","url":"https:\/\/baycoast.bank\/en\/author\/kcaisse\/"},"comments_num_v2":"0 comments","publishpress_future_action":{"enabled":false,"date":"2026-05-13 16:13:13","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/baycoast.bank\/en\/wp-json\/wp\/v2\/posts\/13613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/baycoast.bank\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/baycoast.bank\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/baycoast.bank\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/baycoast.bank\/en\/wp-json\/wp\/v2\/comments?post=13613"}],"version-history":[{"count":0,"href":"https:\/\/baycoast.bank\/en\/wp-json\/wp\/v2\/posts\/13613\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/baycoast.bank\/en\/wp-json\/wp\/v2\/media\/13614"}],"wp:attachment":[{"href":"https:\/\/baycoast.bank\/en\/wp-json\/wp\/v2\/media?parent=13613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/baycoast.bank\/en\/wp-json\/wp\/v2\/categories?post=13613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}