WASHINGTON-Financial Institutions began circulating the redesigned $50 bill Sept. 28. Officials from Treasury, the Federal Reserve, and Secret Service were on hand for the new notes first usage: the purchase of an American flag in Washington, D.C.'s Union Station. The $50 note now includes enhanced security features, subtle background colors of blue and red, images of a waving American flag and a small metallic silver-blue star. The redesign was prompted by the government's ongoing efforts to stay ahead of counterfeiting and protect the integrity of U.S. currency. The $20 bill was redesigned and circulated in October 2003. The $10 note is next to be unveiled next spring. The $100 bill is also on the drawing board. A decision has not been made for the $5 bill, but the $1 and $2 will not be redesigned.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.