Wisconsinites and North Shore Bank Exchange out Nearly $1 Million in Coin to Address National Coin Shortage

09/09/2020

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 coins. 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 effor helped businesses across the state to have enough coin to keep operations moving." 

The free coin counting for all effort ended August 31. All North Shore Bank lobbies and branches are currently open and coin counting is always free for customers, while non-customers will again pay a nominal fee. 

North Shore Bank, headquarters 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, Pinterst, and Instagram.

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