TD Bank settlement (actual payouts)

JobIII

Full Member
Jul 5, 2012
141
51
Primary Interest:
All Treasure Hunting
Hey All,

I am working on writing a small article on this topic. I'd love to hear if anyone has received payouts. I would love to get feedback from any whales (i.e. receiving a settlement check above $1000). Really any feedback on penny arcade, TD Bank's response, or this settlement situation in general is welcomed.

At the very least it'll be fun to see who really used this bank for Coin Roll Hunting.

Payout summary: $0.26 per $100 deposited

Thanks in advance,
JobIII
 

Upvote 0

ugotit22

Bronze Member
Dec 26, 2007
1,771
563
The Dirty Shire
Detector(s) used
Whites DFX, and Whites IDX Pro
Got mine today. Lawsuit reads .36 for every $100. Mine hit my account this morning for $585.72 I'm pumped but mine should have been much more. I estimate I ran 1/2 a million through the machines over the 7 years
 

Ben Cartwright SASS

Bronze Member
Aug 7, 2012
1,618
1,537
Massachusetts
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I wonder if the payout is based on depositing the money and you don't get it if you just used your account number to get cash for coins
 

Dozer D

Silver Member
Feb 12, 2012
3,358
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I wonder if the payout is based on depositing the money and you don't get it if you just used your account number to get cash for coins

How else would they establish what volume of monies were transacted unless it was deposited?
 

Ben Cartwright SASS

Bronze Member
Aug 7, 2012
1,618
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Not sure but my dump banks I use now have me write my account number on the slip from the machine and then they enter it in the computer even though I cash it, not sure what they do with the info
 

Ben Cartwright SASS

Bronze Member
Aug 7, 2012
1,618
1,537
Massachusetts
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Got mine $120,000.00

oops I mean $1.20 I guess they didn't count what I counted only what I counted and deposited!
 

markmopar

Hero Member
Feb 15, 2008
962
88
southern NJ/southeast VA
Primary Interest:
All Treasure Hunting
Got mine today. Lawsuit reads .36 for every $100. Mine hit my account this morning for $585.72 I'm pumped but mine should have been much more. I estimate I ran 1/2 a million through the machines over the 7 years

Mine was a little over $300. I figured it should have been over $800 looking at my records.
 

LooseChange

Hero Member
Sep 28, 2012
739
564
Primary Interest:
All Treasure Hunting
Mine was a little over $300. I figured it should have been over $800 looking at my records.

If you have records of coins counted for deposit, I'd consider contacting the claims administrator. You might get another check.
 

TimZim

Bronze Member
Aug 3, 2011
1,948
879
Primary Interest:
All Treasure Hunting
I called to day I put about $800.000.00 over the two years I did coin roll hunting. And I did the bags for awhile $10.000.00 at a time. That's why they closed my account. I will post my amount when I get it....
 

OP
OP
J

JobIII

Full Member
Jul 5, 2012
141
51
Primary Interest:
All Treasure Hunting
I called to day I put about $800.000.00 over the two years I did coin roll hunting. And I did the bags for awhile $10.000.00 at a time. That's why they closed my account. I will post my amount when I get it....

please do. So far the biggest payout was around $1500.00.
 

mountainman 2

Bronze Member
Aug 9, 2006
1,927
783
Extreme Northern NJ
Detector(s) used
whites classic sl,whites surfmaster,garrett ATX,minelab vanquish 540
Primary Interest:
All Treasure Hunting
Mine was $1021.47. I'm thinking that it probably should have been more. There were days when i was stopping at 2-3 penny arcades a day and that was going on since 2006. It probably only counts what was deposited and not anything cashed out. It also doesn't include most of my half searching as I had a bag system for those
 

Ben Cartwright SASS

Bronze Member
Aug 7, 2012
1,618
1,537
Massachusetts
Detector(s) used
Whites, Garrett
Primary Interest:
Other
Mine was $1021.47. I'm thinking that it probably should have been more. There were days when i was stopping at 2-3 penny arcades a day and that was going on since 2006. It probably only counts what was deposited and not anything cashed out. It also doesn't include most of my half searching as I had a bag system for those

Yup, from what I can tell it was what was deposited from my Quicken records
 

mountainman 2

Bronze Member
Aug 9, 2006
1,927
783
Extreme Northern NJ
Detector(s) used
whites classic sl,whites surfmaster,garrett ATX,minelab vanquish 540
Primary Interest:
All Treasure Hunting
For Timzim's settlement, TD is probably going to need a bailout:laughing7: He was doing some serious numbers.
 

TimZim

Bronze Member
Aug 3, 2011
1,948
879
Primary Interest:
All Treasure Hunting
Am still waiting some days I did $15.000.00 a day!!!!!
 

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