A Bank Is Paying For People’s Spare Change
A WISCONSIN BANK IS PAYING PEOPLE TO BRING IN THEIR SPARE CHANGE TO HELP LOCAL BUSINESSES AMID THE COIN SHORTAGE
(CNN) – A Wisconsin bank has come up with a creative way to help local businesses amid the coronavirus pandemic and the coin shortage it has caused.
The Community State Bank has launched a coin buy back program.
People who turn in $100.00 worth of change to one of the bank’s seven locations will get a $5.00 bonus, whether you’re a bank customer or not you can receive a bonus of up to $500.00.
The bank says hundreds of people have already dropped off their spare change and some have brought in coins without asking for anything back.
The shortage was a result of the partial closure of the economy, which halted the flow of coins.
The bank says it will continue the program until there is no longer a demand.