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Nationwide Coin Shortage Due To COVID-19

Pinnacle Bank and financial institutions nationwide have been notified by the Federal Reserve that they are limiting the amount of coin available. This move is to address the coin supply chain issues caused by COVID-19 and presents a unique challenge for financial institutions to address.
A combination of business closures, lack of change being deposited at banks, and decreased production at the U.S. Mint has resulted in a shortage of coins in circulation. Pinnacle Bank is closely monitoring the situation and remains in constant contact with the Federal Reserve.
To help address this issue in the meantime, Pinnacle Bank would like your help!
Pinnacle Bank encourages you to deposit or cash in your extra change at your local Pinnacle Bank branch. This will help bring more coin into circulation and help remedy the situation until more coin can be minted.
Pinnacle Bank appreciates your business and help in addressing this challenge. They thank you in advance for bringing in your spare change.

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