Wisconsinites and North Shore Bank Exchange Out Nearly $1 Million in Coin to Address National Coin Shortage
BROOKFIELD, Wis. – When the last coin was counted, it totaled nearly $1 million. That’s a lot of pennies, nickels, dimes and quarters put back into circulation by Wisconsinites and North Shore Bank to assist local businesses impacted by the national coin shortage. From laundromats in Racine, to retailers in Green Bay, the coin shortage was hurting, if not halting, business, so at the start of July North Shore Bank put out a call for anyone and everyone to bring in coin. The bank offered to count it for free and exchange it for bills to help keep Wisconsin commerce moving, and that it did. The program, which ran for the months of July and August, recirculated more than $830,000 at 46 branches across Wisconsin and Northern Illinois.
“We never expected such a huge response, but we are sure glad the coin just kept coming,” said Sue Doyle, senior vice president of retail banking at North Shore Bank. “Whether someone brought in a piggy bank or five-gallon pails of change, their effort helped businesses across the state to have enough coin to keep operations moving.”
North Shore Bank, headquartered in Brookfield, has assets of over $2 billion and 46 offices throughout eastern Wisconsin and northern Illinois. Wisconsin locations are in metro Milwaukee, Ozaukee County, Racine, Kenosha, Appleton, Menasha, Green Bay and surrounding areas, Burlington, Union Grove, Muskego, and Door County. Locate a North Shore Bank office. You can also connect with the bank on LinkedIn, Facebook, Twitter, Pinterest, and Instagram.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
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