Bank cut me off

[Sleazyj]

Well small banks don't like giving boxes out. I was ordering 1 box of nickels a week for 3 months and they said today when I came to pick up. We can't give you any more boxes, they are for businesses only. Well looks like I found a dedicated dump, and time for a new bank account

 

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[Piledriver]

You said it !

Find a new way to

Keep on Rollin' !

 

[crhstreetwalker]

Wow. That is a very miniscule order to get cut from. Dump hard!

 

[Solid Rolls]

I've had real good luck at medium sized banks, but that's just me.

 

[BuffaloBoy]

since obviously they need nickels or don't like ordering you nickels, I think 3 boxes a week is a good starting point to dump there, just work your way up from there!
HH
Buff

 

[fistfulladirt]

If they cut you off from ordering, will they later cut you off from dumping?

 

[agme]

If they cut you off from ordering, will they later cut you off from dumping?

That's happened to me a few times. Be carefull with the heavy dumping. You don't want to shoot your other foot.

 

[Yinzi50]

The key word here is "small". A small bank (about 10 branches, two branches with coin machine) which I know pays 5% for the coins coming in and going out. Their customers get charged for 5% for dumping coins in the coin counter. One branch ordered me 1 box of pennies and told me no more. However I am allowed to buy their bags from their machine as many as I want because I save 5% of shipping fee for them. They are trying to sell me the quarter bag ($1000) every time I am in this branch. Shipping a bag of quarter will cost them $50. I only want to buy penny, nickel, and dime. Quarter boxes are very dry in my area so I don't have too much hope for the bag either.

Recently this bank became a member of Fed Reserve (not every small bank belongs to Fed Reserve system) so they can get coins once a week for free from the Fed. But shipping back still costs them. Most small banks don't have a flat fee deal with Armoured truck company like midsized or large banks. I may ask them about ordering coin again and maybe pay the truck fee.

So if I were you, I will just be grateful and move on. Or ask if they have a coin machine so you can buy bags from their machine (saving money for them). If you try to dump on them, your account will be closed soon.

 

[Sleazyj]

Oh yeah they have a coin counter in the lobby of 3 banks. I will still dump there all the time. I'm going into the navy September so they will get 3 months of constant dumps

 

[cyberdan]

As far as I know, NO bank gets coin from the fed. Most banks tend to use the word "fed" a lot. They get their coins from the armored car carrier they have a contract with.

They keep wanting to sell you a bag of quarters. What happens if that bag is short? A lot of lobby coin counters are not that accurate. I used to own a "back office" bank coin counter. It takes a lot of cleaning to keep it in good shape. coins are dirty. a clean machine is very accurate.

 

[Merc Crazy]

I'm just gonna leave this here, by the way...

 

[sagittarius98]

They are trying to sell me the quarter bag ($1000) every time I am in this branch. Shipping a bag of quarter will cost them $50.

You can build a good relationship if you take the bag, you can always dump the clad somewhere.