Buddy! Can You Spare Some Change?

Closing Thought–27Jul20

I am sure that you have been accosted by some guy/gal in front of the supermarket looking for some spare change….

The apparently this pandemic has created a problem for change….especially in the banks…..

Amid the pandemic-induced coin shortage, one Wisconsin bank has resorted to paying people who bring in their spare change. The Community State Bank’s Coin Buy Back Program will give a $5 bonus to anyone who brings in $100 worth of coins, up to a maximum bonus of $500. The bank is also waiving fees for coin counting. You don’t need to be a customer of the bank to take part, CNN reports. “Instead of buying coin from the Fed, we’re buying coin from our community,” an exec tells the Milwaukee Journal Sentinel. Hundreds of people have already participated, and the bank says the program is helping local businesses that need change for their stores.

Why a coin shortage? This story explains.

I know…I know…..who knew?

I Read, I Write, You Know

“lego ergo scribo”

 

5 thoughts on “Buddy! Can You Spare Some Change?

  1. My husband recently took our entire jar of change down to the donut store…you know, to “help with the shortage.” No joke, though, they were actually very grateful! They really did have a change shortage.

  2. We have been asked to only use bank card payments here, as the shops don’t want the staff having to handle money. I haven’t used any money since January!
    Best wishes, Pete.

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