Our mission and responsibility is to maintain public confidence in U.S. currency
Genuine U.S. currency may still be worth its face value even if it becomes damaged. Here is what you need to know about mutilated currency, what mutilated notes might qualify for redemption, and tips on how to submit your request for possible redemption of those notes.
Can you separate cash facts from common myths? See how much you really know about cash with this seven-question quiz.
Demand for U.S. currency continues to grow with eighty-nine percent of American consumers holding cash to some extent. How much currency is out there and what factors could influence its demand? The latest infographic by the Cash Product Office explains the concept of currency in circulation.
Understanding Consumer Cash Use: Preliminary Findings from the 2016 Diary of Consumer Payment Choice
Data from the Federal Reserve’s Diary of Consumer Payment Choice shows that cash remains the most used payment instrument in 2016 accounting for 31 percent of all consumer transactions. This study provides a unique view into consumer shopping and payment decisions, including their use of cash.
As new payments and technologies continue to emerge, cash retains a strong hold among consumers. This paper explores how often U.S. consumers held and spent cash during the 2015 Diary of Consumer Payment Choice survey, and it provides an analysis on consumers’ cash holding behavior.
Video: Cash Connect
Today’s consumers have more choices than ever in how to pay. In our first Cash Connect video - Who Holds Cash? - Federal Reserve Cash Product Office Policy Analyst Claire Wang asks San Francisco residents about their cash holding and spending habits. See how you compare to these testimonials.
Explore the design features and security measures in $1, $2, $5, $10, $20, $50, and $100 notes that help ensure the integrity of the cash you use.
Did You Know?
The Twelfth District has cash operations in San Francisco, Los Angeles, Salt Lake City, Seattle, and Phoenix.
The Federal Reserve's cash operations in Puerto Rico are active, and we have adequate inventory to meet demand from depository institutions on the island. Demand for cash is extraordinarily high right now, and will evolve as depository institutions regain power, armored car services are able to reach branches, and ATMs are once again active. We are coordinating with local and national authorities to monitor the situation on the ground very closely, and are actively working to meet Puerto Rico's currency demand throughout the recovery and onward.
How much cash do you have in your wallet? Take our survey.