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Wednesday, September 10, 2025/Categories: Bank News, Financial Education
You may have heard conversations about the possible phase-out of the penny. This topic has gained attention in both the news and banking circles, with many people wondering what it could mean for everyday transactions and businesses.
The Wisconsin Bankers Association recently addressed this in their Executive Letter: The Penny Phase-Out. It explores why the change is being discussed and the potential impact on consumers and businesses.
Read the full article on the Wisconsin Bankers Association’s website: Executive Letter: The Penny Phase-Out - Wisconsin Bankers Association
At Community First Bank, we know change in the financial world often raises questions. We encourage you to reach out to your local banker if you’d like to talk through how a penny phase-out — or any change in currency — might affect you. We’re here to help.