- Share
Federal Reserve Cash Services in the 21st Century
Wednesday, May 28, 2025
3:00–4:00 pm
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
Moderator
- Jimmie Gray, Assistant Vice President of Cash Services Support, Federal Reserve Bank of Cleveland
Related resources
Cash Services
The Cash Services team helps ensure that depository institutions have sufficient supplies of currency and coin to meet public demand.
Banking and Payments
The Cleveland Fed offers numerous resources to member banks and the consumers they serve in the Fourth District, including regulatory and banking market information, cash services, discount window lending, and consumer protection services.
About Us
The Federal Reserve Bank of Cleveland (commonly known as the Cleveland Fed) is part of the Federal Reserve System, the central bank of the United States.