The U.S. Treasury Department is no longer minting pennies.
Supplies for pennies will vary on existing inventories.
Virginia National Bank will continue to serve clients and businesses until our inventory is depleted.
We kindly ask all businesses to limit penny change orders to $5 per day while supplies last.
The penny is still legal tender and there is no need to exchange it for other coin.
VNB's new rounding system will begin in January 2026. See table below:
Watch the CBS19 News story here featuring an interview with VNB's President and CEO, Glenn Rust, and Chief Operations Officer, Sherrie Huber, discussing the U.S. Mint's announcement of discontinuing the penny.
Virginia National Bank's President and CEO, Glenn Rust, and Chief Operations Officer, Sherrie Huber, were interviewed by CBS19 News regarding the U.S. Mint's announcement of discontinuing the penny.
New pennies will no longer be produced after December, in accordance with the Federal Reserve guidance.
Virginia National Bank supports our local communities and acknowledges the positive impact Boys & Girls Clubs of Central Virginia provides to the young people in our communities.
Boys & Girls Clubs of Central Virginia offers a lineup of nationally recognized programs that address today’s most pressing youth issues. For 30 years, our core programs have engaged young people in activities with adults and peers, building our kids’ self-esteem and helping them reach their full potential. With locations in Albemarle, Charlottesville, Madison, and Orange, our Clubs now serve more than 2,000 kids annually.
The Club provides an after school and summer program for children and teens ages 5-18, comprised of diverse activities that meet the interests of all youth. Our goals are to ensure that all teens graduate from high school with a plan for their future, that all members develop a healthy lifestyle and strong character and citizenship. Boys & Girls Clubs of America offers a lineup of tested and proven nationally recognized programs that address today’s most pressing youth issues, teaching young people the skills they need to succeed in life. These five core programs engage young people in activities with adults, peers and family members that enable them to develop self-esteem and to reach their full potential. In addition, Club staff develop and implement meaningful programs based on the physical, emotional, cultural and social needs of youth in our own community.
