• Articles
    • About Us
    • Contributors
    • Contact Us
    • Links

Meet The New Benjamin

Category: Industry Issues Category: Operations
By Kyle Woodmansee    No Comments

Has your credit union been properly trained to recognize the new one hundred dollar bills?  The Federal Reserve unveiled the design of the new hundred dollar bill on April 21st, 2010. The bill looks remarkably different than any of the other denominations. These bills are scheduled to start circulating on February 10, 2011. So it is important that you educate your employees on what to look for, to avoid the “shock” factor.  The bill has many new security features to help detect counterfeit attempts.  You will want to make sure your staff is well aware of what to look for prior to the circulation. Here is a great resource for information and education materials on the new $100 bills. www.newmoney.gov.

A few of “Ben’s” new features: 

  • 3-D Security Ribbon – The ribbon contains “bells” and “100s” that move side to side and up and down when you tilt the note in different directions.
  • Bell in the Inkwell – This image changes from copper to green as the note is tilted in different directions.
  • Large “100” – The bill truly stands apart from the other denominations when you look at the back. It contains a large vertical “100.”

 All these new security features are neat to look at, but remember their main purpose is to help combat counterfeiting. So protect your credit union and make sure your staff is well prepared to meet the new “Benjamin.”

Share and Enjoy:
  • Print
  • Add to favorites
  • Google Bookmarks
  • RSS
Industry Issues, Operations

Leave a Reply