The Final Cent

And just like that, the penny’s run has come to an end. The U.S. Mint has officially pressed its final one-cent coin, closing the chapter on a 230-year-old piece of American cash history. You can read more about it here: Penny FAQs. Pennies are still legal tender, but since credit unions and banks can no longer order new ones, financial institutions across the country are getting a head start on managing the upcoming penny pinch, including Jolt. To keep things smooth and fair for everyone, we’re making a few adjustments.

What’s changing:

• Penny purchases are now limited to 1 roll per member per day to make sure everyone has access while supplies last.
• When our supply becomes low or runs out:
  • Account closings: Whole-dollar payouts can be issued in cash. If the closing amount requires pennies, we’ll issue a cashier’s check instead.
  • Check cashing: If your “change” includes pennies, that penny portion will remain in your account.

How you can help:

• Bring in any extra pennies you may have at home (rolled, if possible).
• Use exact change when you can
• Choose digital payments when they work for you.

Thanks for navigating this transition with us and for helping us keep cash services smooth and accessible for all members.