The Next Phase for Pennies
What the removal of pennies from circulation means for you.
The U.S. Treasury discontinued production of the penny in 2025
Pennies will remain in circulation for the near future throughout the U.S., but over time, banks, businesses and customers will need to phase out the use of pennies.
Penny supplies are becoming extremely limited, and the Federal Reserve and coin terminal suppliers are halting orders for pennies for U.S. financial institutions.
While we begin making changes to our penny policy and planning for a future without pennies, we’ll give you the chance to help clean up your jars, piggy banks, cupholders and couch cushions. With any deposit made including your spare pennies (minimum of $1.00 in pennies) and you’ll receive a free gift from your local Idaho First Bank branch.
Thank you for your understanding.
Right Down the Road
Find your nearest Idaho First Bank location today and speak to an associate for convenient, personalized service.
You can also give us a call at (866) 634-2760 or click the link below to reach us online.