Bank out of change

Have you tried buying change at the bank lately?  They’re rationing whatever they have because they can’t get any from the Federal Reserve Bank in Mobile.  This probably doesn’t mean much if you don’t own a business, or you have a business that doesn’t deal in cash.

Quarters, for example, come in a box of 50 rolls. Knowing about this shortage, I tried to buy ten rolls instead of the usual box. She gave me two rolls. Try making change when there isn’t any. 

Below is a letter addressed to our State representatives and President Trump.

First of all, thank you for your service and representation. I am appealing to you for a solution to a problem I thought, as a small business owner, I would never have to deal with. I’m asking you because this is a Federal issue. 

I don’t know if is a national problem or just in NW Florida, but I can not get enough coin change from our Regions Bank in Pensacola. They tell me that the Federal Reserve Bank in Mobile, where they get their change from, is closed. Something to do with COVID-19. I don’t know if that’s the case, but that’s what I’m told.

I understand that, by law, a bank can not be closed for more than three days. So I was not concerned about not getting change for our business. But this has gone on for two weeks with no end in sight.

This is a problem. A big problem. And not a peep about it in the news, so I’m proud to be the one to tell you that the problem exists. Please find a way to solve this problem.

Looking forward to hearing from you soon. Thank you in advance for your cooperation.

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