When you dump at a bank with a coin machine, do you roll?

[Ben Cartwright SASS]

I have 3 banks with coin machines that I use to dump my searched rolls and boxes. I spread it out so that I don't wear out my welcome.

The question I have for the group, when you dump at a bank with a coin machine do you still roll the coins and deposit or cash them or do you use the coin machine?

I am hoping that most people use the machine as that way any CWR's are from depositors not dumpers?

 

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[Oquario79]

When TD had Penny I would dump coin in machine and I took slip for cash.. If it was a small amount less than 10.00 they didnt mind roll... Anything past that was machine...

 

[ArkieBassMan]

All of the banks in my area that have coin counters will not take rolled coin. Everything must go through the counter.

 

[fistfulladirt]

Very, very few banks/CU's around here (city population 34,000) have counters. Of the one that does, you must run your coin through the counter. I have been told by a teller that they make exceptions for the elderly.

 

[cyberdan]

There is not one bank in my entire county that has a machine. (I think there are 4 banks) Only machine is coinstar in walmart. I will never pay 10-11% to deposit. So I must roll everything.

 

[GB1]

the bank i go to has no coin machine so i have to roll every thing

 

[Ben Cartwright SASS]

Makes me feel bad that I have 3 free to depositors counters withing 3 miles

 

[Johnny5]

Which banks are they? Besides if you put them in a coin counter, won't they eventually end up as machined wrapped rolls.

 

[Ben Cartwright SASS]

Yes they will, but if you just ask for CWR's you won't have that problem, but still there are so many banks feeding Loomis etc.

Also I have to go to a bank and find out that it is being used as a dump bank for a CRH'er. Although my best score of all was when I went to BoA and asked for halves and they had 32 rolls, at least 26 were my dumps but I got TWO SOLID ROLLS OF WALKERS

 

[Dozer D]

In my area its 50/50. My Chase banks like when I bring in rolled dimes, this way they don't have to order as much & yet they provide me with other CWR's or boxes. Yes, I do mark my rolls with a blunt magic marker so they don't give me back my own rolls. My other banks have lobby counting machines to dump loose coins.

 

[Ben Cartwright SASS]

went to the new bank, well new to me, I had opened an account to use the counter. I put in $240 in change and they charged a fee, they had told or I thought they said it was free to depositors, turns out it is 3% unless you are 65 or older.

anyhow I asked at the teller for halves, they didn't have any rolls but did have 18 loose ($9) so I said I would take them.

3 40% and 1 90% Kennedy!!!!!!

 

[Johnny5]

Went to a branhc of my bank to get rid ot 9 rolls of halves 90 dollars. She said they don't accept rolled coins as they have a coin counter. Yeah, bu you guys charge 5% for loose coins. She said to bring it to another branch that doesn't have a coin counter and that they accept rolled coins. The only problem is that's where I got the box of halves, I was able to get rid of the majority, but the teller thought it was odd to have that many halves rolled up.
Any thoughts or feedback ?

 

[Ben Cartwright SASS]

That is a tough one. When I got my halves from one of the banks they were vehement that I not bring any back to them. Luckily I have two banks that if you are a depositor you don't get charged a fee, so I take halves from one bank to the other and vice versa.
I never want to take halves especially to a bank where I got a box as I don't want to tick them off.

Are there other banks in your area? Maybe you could open some free accounts? I find that often you can get a free savings account for around $10. At one recent one you have to update it once a year to keep it active with no fees.

At Citizens bank you have to make a deposit every month SO I opened two accounts and on day 1 I make an automatic transfer to the other account and on day 3 transfer it back, Meets the letter of the law and get a free account