The only bank on campus, Golden 1 Credit Union, is no longer handling cash transactions.

The non-cash teller’s transaction began at California State University, Fresno on Aug. 1.

The Executive Branch Manager Tina Menard said that the new policy was not an outcome of the school’s furloughs and price cuts. It has to do with cost efficiency, she said.

“Only a few branches have undergone this change,” Menard said. “We have over 77 branches in California and the only two banks in Fresno that are using this system are the branches in the Internal Revenue Service building and the one at Fresno State.”

She also said that the Fresno State branch is the only public branch in Fresno that is not offering cash transactions.

Criminology major Mia Barragon said the no-cash policy is an inconvenience to Fresno State students.

“[There is] no point in having a bank in my opinion, might as well keep the ATMs and not the bank itself.”

Irma Mendez a child development major couldn’t contain her frustration when she tried to cash her check.

“I hate it, it’s an inconvenience,” Mendez said. “Last time I went they told me I couldn’t get cash right there.”

Students on campus can still get cash at the ATM, but students like Mendez prefer not to.

“I don’t like making a deposit in the ATM,” Mendez said. “The ATM takes days to post and give you all your money. It just takes forever.”

According to Menard, Golden 1 is like any other business in this economy.

“Golden 1 is just as weary when it comes to cost and budget. However, the Golden 1 staff is doing the best it can to provide for the needs those on campus,” Menard said.

Menard said she understands the changes may cause difficulties, but she is still optimistic about the policy.

“We’ve had very few complaints,” Menard said. “Members have been very understanding, and I mostly attribute that to our great staff and employees.”

Menard also said that the non-cash policy is part of a six-month pilot program. After that, she says they will review their efficiency and assess whether they were able to accommodate the needs of their members while offering limited services.