Going Green with Greenbacks

Mike Otero
July 13, 2016

We already know our Gulf South land is as rich as our history and culture. Thanks to eco-friendly efforts of the Federal Reserve Bank of Atlanta’s New Orleans branch, that fertile soil is getting a little richer and greener—literally.

The Fed Is Putting Old Money to a New Use

The Federal Reserve System (the Fed) comprises 12 Reserve Banks around the U.S. and a Board of Governors in Washington, D. C. The Atlanta Fed serves the Sixth Federal District—Alabama, Florida, Georgia, and parts of Louisiana, Mississippi and Tennessee—and has offices in many markets across our corporate footprint, including Jacksonville, Nashville and New Orleans.

Each day the Fed shreds millions in paper currency unfit for circulation. Creative thinking and innovative technology takes those taped, torn, and doodled-on bills from worn-out cash to well-chopped compost. The byproduct reduces waste, improves our greenscape, nourishes crops and helps feed families.

 

See How Money Can Make Things Grow

 

 

As banks introduce more ways to support sustainability and more consumers go green with e-statements, online banking and mobile banking, America’s bank is putting money into Mother Earth’s future. That’s a good thing for all of us.

Video courtesy of Great Big Story.


 


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News, Nashville, Louisiana, Florida


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