Business Resource Archive - Machias Savings Bank

Penny Phase Out: The U.S. Treasury has stopped producing pennies. You can still use pennies for purchases or deposits, but once the supply runs out the banks can’t order more. Some cash transactions may round to the nearest nickel. Electronic payments won’t be affected. Learn more at our Penny Phase Out Resource Page.

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Penny Phase Out: The U.S. Treasury has stopped producing pennies. You can still use pennies for purchases or deposits, but once the supply runs out the banks can’t order more. Some cash transactions may round to the nearest nickel. Electronic payments won’t be affected. Learn more at our Penny Phase Out Resource Page.