Bank of America says it won't sell CWR anymore.

I only visit BOA's and you run into everything. Super friendly or you're asking them to give up their first born. I think this is the way with any bank.

 

Log in or Sign up to hide this ad.

Honestly, I have yet to run into any bad people at Wells Fargo at my 3 branches...

 

Why some banks require a bank acct in order to sell you or exchange rolled coins? Don't get it! its money for money and many times I get short changed!

 

Labor costs... and also it costs them money to buy rolls from their vendors. They also don't want to spend time with non customers as they feel this is "negative cash flow"... and most don't care about gaining customers or doing things to entice you to do business with them.

 

Exactly. One of my banks started charging 5% for rolled coin, but friendly tellers somehow neglected to charge me for it. My other bank officially charges also, and I buy a lot of coin but somehow knowing the tellers for 19+ years as a customer has it's advantages.

 

you guys think your banks are bad..I had a local bank (bank mutual) try to charge me $0.25 per roll!! I even asked if I came in and wanted a couple rolls of pennies and they said they would still charge it. taking 50% of my money that's F******* ridiculous !

 

I got $20 in cwr of nickels at the "more friendly" B of A branch today. Maybe the branch in question got hosed on some coins and that was just their policy even though they made it sound like it was region wide.

 

We are customers of the banks that's true. Now, if we paid all cash to the people we owe, then we would not needs banks, except as we do now, cash checks. They have a catch there to, you have to have an account to cash, or pay a fee. Now, if we did not use checks or plastic cards, then where would the banks be? They do not pay any interest on savings or checking today, that amounts to much. They borrow from small banks, overnight to cover transfers on checks, and pay high interest rates to these small banks for cover. I stopped buying CD's because of the very low interest they pay. I put my CD money now in municipal securities that pay smaller interest, but are tax free.