Understanding Penny Production Changes
by Grand Savings Bank
November 6, 2025
For over 230 years, the U.S. penny has been a familiar part of our everyday transactions; however, recently, President Trump ordered the U.S. Treasury to stop the production of pennies. Read on to learn more and what it means for you!
Why Is the Penny Going Away?
In 2025, the U.S. Treasury placed its final order of penny blanks, meaning no more pennies will be made once that inventory is exhausted—likely early 2026. Pennies will remain legal tender, but as they become scarcer, many cash transactions will begin rounding to the nearest nickel (5¢).
What You Can Do To Prepare
- When writing checks, begin rounding to the nearest nickel as pennies begin to become unavailable.
- Expect change orders to be impacted. Requests for rolls of pennies may be denied due to supply.
- Use digital payment options to simplify transactions (no rounding needed).
Visit our digital banking page to see what options GSB offers. And, if you’re a business owner, connect with our Grand Business Banking team to find out how our business services can solve this problem for you!
Grand Savings Bank will continue to provide pennies while our supply lasts. We’re here to help you adjust to these changes smoothly, and to guide you every step of the way!
