Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
Fed delays new 100 bill issue date
WASHINGTON (10/5/10)--Production problems at the Bureau of Engraving and Printing have pushed back the issue date of the new $100 bill, the Federal Reserve (Fed) announced last week. The new bill was scheduled to be issued on Feb. 11. The Fed has not established a new issue date. According to the Fed, the Bureau of Engraving and Printing has identified “sporadic creasing of the paper” during the printing of the bill. “As a consequence, the Federal Reserve will not have sufficient inventories to begin distributing the new $100 notes as planned,” the Fed added. The bill design combines the usual portrait of Ben Franklin, and some previously added security enhancements, with a pair of brand new, advanced counterfeit-deterrent security features. The bill also features a blue three-dimensional security ribbon and an interpretation of the classic liberty bell image which, when tilted, changes colors from copper to green, making the bell appear to disappear and reappear in an inkwell. The new security features were researched and developed for more than a decade, according to U.S. Treasurer Rosie Rios. For the Fed release, use the resource link.
Other Resources

RSS





print
News Now LiveWire
Which Children's Miracle Network Hospital is the winner of @CUDirect's 20 for 20 grand prize? Find out Tuesday.
2 hours ago
Gas prices have fallen for a record 88 days in a row says @AAAnews via @washingtonpost http://t.co/c52VTdqHEB
4 hours ago
.@TheNCUA releases regulatory modernization initiative results (PDF link) http://t.co/pgLZe4aget
5 hours ago
#FinCEN seeks nominations of FIs, trade groups for membership on Bank Secrecy Act advisory group http://t.co/l5w58c277W
6 hours ago
MI pediatric dentist pledges $20K match to Hurley Children's Hospital if it wins @CUDirect's 20 for 20 http://t.co/Eq2nIPm6jo
6 hours ago