The move follows temporary suspensions at certain facilities due to local inventory constraints. With penny production now concluded, the Federal Reserve said it will closely monitor the flow of penny deposits from financial institutions to determine whether expanded ordering options can be introduced in the coming months.
While FRFS continues to support penny deposits nationwide, officials clarified that its role in the coin supply chain remains limited to distribution services for banks and credit unions on behalf of the U.S. Mint, which is the nation’s sole issuing authority for coinage. The Federal Reserve does not provide coins directly to businesses or consumers.
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