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EPISODE · May 30, 2025 · 53 MIN

Federal Reserve Cash Services in the 21st Century

from FedTalk

Supplying financial services is a core function of the Federal Reserve System. As a part of that work, the Federal Reserve operates 28 cash processing locations in the United States to distribute cash both within the United States and around the world. Our Cash Department is responsible for receiving currency from our financial institutions, validating the authenticity, and ensuring that all institutions have ready access to cash. In the Fourth District, we receive, process, and pay out cash at both our Cleveland and Cincinnati locations. In this Fed Talk, our speakers will discuss Cash 101 An overview of the cash services Federal Reserve System landscape An overview of the Federal Reserve Bank of Cleveland's circulation cycle and process Resources and educational information Our Money Today An overview of consumer payments and cash use Connect our current cash trends with the future of cash Speakers Brian Williams, Senior Vice President of Operations, Federal Reserve Bank of Cleveland Brad Smith, Assistant Vice President of Cleveland Cash Services, Federal Reserve Bank of Cleveland Cyndi King, Assistant Vice President of Cincinnati Cash Services, Federal Reserve Bank of Cleveland Kristin Hamblin, Program Manager, Federal Reserve Bank of Cleveland Moderator Jimmie Gray, Assistant Vice President of Cash Services Support, Federal Reserve Bank of Cleveland

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Federal Reserve Cash Services in the 21st Century

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