If you haven’t traveled outside of Colleton County lately, you are lucky. For those who have, well, it’s a shock. Stores have no change.
It’s unbelievable to go to a Hardee’s in Greenville, make a $6.19 purchase, and then be told by the cashier that either you pay by debit or credit card or your meal will be rounded up to $7.
It’s no different in Columbia, Walterboro or elsewhere across the country.
Katelyn Sightler of BB&T in Walterboro said that the shortage has been going on for weeks, and the bank is seriously short on coins. “We are encouraging customers to spend their coins at businesses and get more into circulation. That will help us here at the bank,” said Sightler.
Annette Lyons of Bank of the Lowcountry agreed. “We are thankful to our customers who have brought in enough coins that we have been able to increase our stock,” said Lyons. “We have rolled them and have just enough to satisfy our customers.”
Bank manager David Johns, senior vice president of Enterprise Bank in Ehrhardt, is also grateful for his customers. “We really haven’t had too much of a problem,” he said. “Customers who heard about the shortage have started to bring in their jars and cans full of change, so we have been able to stay caught up and have also been able to take the time to roll the coins ourselves instead of going into Walterboro to use the rolling machine. This is the one time that bankers are smiling while receiving a lot of change instead of actually charging folks for having to roll coins,” said Johns. “But we are grateful that we have not had to request coins from the Federal Reserve, and I do believe they will eventually get caught up. But as of now they are limiting the amount of coinage each bank can have, so our customers have made sure we have enough for now. Unfortunately, I have noticed that many stores in Walterboro are struggling with a lack of change. They really need the coins, too,” he said.
In the Midlands and Upstate, there are signs located on most business windows that say “Exact Change Only” or “No Cash; Cards Only.” For people who only like to pay using cash, this is remarkably inconvenient, not to mention expensive, when the price is rounded up to exclude paying out change or coins.
How did this happen?