Banks are begging for spare change: How long coin shortage could last

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Banks are begging for spare change: How long coin shortage could last
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'People are just not really using coins and cash right now,' said Patricia Herndon, an official with the Michigan Bankers Association. 'This is truly an issue of money flow.'

It's quite a switch from a time when many banks didn't want your spare change.

Recirculated coins represent more than 80% of the supply; the rest involves new coins produced by the mint.The Ohio Turnpike continues flashing electronic signs that suggest drivers use E-ZPass or a credit card, not cash, to pay their toll. "If customers are going to use cash, we ask that they do their best to provide us exact change, if possible," he said.

"People are just not really using coins and cash right now," Herndon said."This is truly an issue of money flow."

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