Currency Fun Facts
Posted On: January 26, 2026 by Prevail Bank in: Banking / Money Management
Friday Fun: It’s Cloth!
----- Reprinted from the Wisconsin Bankers Daily eNewsletter 12-12-25
The term “paper money” is a misnomer. U.S. banknotes are made from a special fabric that is 75% cotton and 25% linen — an incredibly strong blend that helps bills survive accidental trips through the washing machine. The fabric contains wiry red and blue synthetic fibers disbursed...
Farewell to the Penny: What you need to know.
Posted On: November 25, 2025 by Prevail Bank in: Banking / Money Management
Farewell to the Penny: What you need to know.
The penny will no longer be minted (made) in early 2026, which raises a bunch of questions. Why is the penny being phased-out? Will pennies still be available after that date? Can banks continue to distribute pennies? How will businesses handle cash transactions moving forward?
Here are the facts as we know them: Pennies are still legal tender. They remain useable for transactions, deposits, and withdrawals,...
