National Armored Car Association
Formed in 1929, the National Armored Car Association (NACA) is a business association that brings together the three major companies of the armored car industry—Brink's, GardaWorld, and Loomis—with a focus on protecting and promoting the common interests of the industry. Our members provide secure transportation and cash management services for the Federal Reserve, financial institutions, state and local governments, and private businesses and individuals across the United States and internationally.
Industry News
Federal Legislation Introduced to Eliminate the Penny
By the Ulman Public Policy Team In February 2025, President Trump directed the U.S. Treasury Department to stop minting new pennies. Following this announcement, two pieces of federal legislation were introduced to eliminate penny production. Common Cents Act On April 30, 2025, Representatives Lisa McClain (R-Mich.) and Robert Garcia (D-Calif.), with Senators Cynthia Lummis (R-Wyo.)…
DOT Seeks to Identify Regulatory Obligations for Repeal or Modification
By Michael Deutsch and Amanda Geary Losacco at Cozen O’Connor On April 3, 2025, the U.S. Department of Transportation (the Department or DOT) issued a Request for Information (RFI) seeking public comment to assist DOT in identifying existing regulatory obligations “that can be modified or repealed…to ensure that DOT administrative actions do not undermine the…
U.S. Mint Officially Ends Mutilated Coin Exchange Program
By ABA Banking Journal The U.S. Mint, today, published a final rule officially ending a program that redeemed bent and partial coins for full face value. The Mutilated Coin Redemption Program was suspended in 2018 because of the cost and resources needed to identify counterfeit coins being submitted for redemption. The final rule permanently ends…
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