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November 19, 2025

Nationwide Penny Update

Cents of Security - Penny Update

  • 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:

Penny Rounding Table

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.


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