U.S. Department of the Treasury to Halt Penny Production - How Can This Impact You?
10/16/2025
As a result of the U.S. Department of the Treasury?s decision to end production of the penny coin, the U.S. Mint has halted penny production and a nationwide move to a penny?less environment is underway. Pennies will become increasingly scarce, which may affect cash handling for businesses. As your bank, Solvay Bank is here to support you through this transition.
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New Electronic Payments Mandate Effective September 30, 2025
09/23/2025
Beginning September 30, 2025, a new federal regulation (Executive Order 14247: Modernizing Payments To and From America's Bank Account) will require most federal payments be made electronically via Electronic Funds Transfer (EFT).
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Over 1/3 of Credit Reports Have Mistakes. Is Yours Accurate?
09/15/2025
Studies reveal that more than 33% of credit reports contain errors. In fact, almost half of participants in a 2024 Credit Checkup study from Consumer Reports found errors on their credit report; more than a quarter found serious mistakes. Are you certain your report is error-free?
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National Financial Awareness Day: Empower Your Money Management Skills
08/14/2025
Did you know that August 14th is National Financial Awareness Day? It's a perfect time to take a step back, assess your financial health, and boost your money smarts for a brighter future.
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National Insurance Awareness Day: Protect What Really Matters
06/27/2025
June 28 is National Insurance Awareness Day, a timely reminder to review your insurance coverage and ensure you're adequately protected for whatever life throws your way. At Solvay Bank Insurance Agency (SBIA), we believe that peace of mind begins with preparation. That's why this month, we're shining a spotlight on the importance of insurance and the role it plays in safeguarding your family, your home, your vehicle and your business.
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