bank charging me to pick up coins

Do you know for a fact that the rolls are purchased at face value? I ask this since I have met and chatted with men who are paid to roll these coins for the banks. I do not think banks can get rolled change for free. Brinks is just a delivery charge.

Chris

 

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I wouldn't put it past them, especially considering they're a US Bank.

 

My one bank opened in 1894 and has three branches. It is a rural agricultural bank with an emphasis on loans to farmers. The other opened as a National Bank in 1889 and has a whopping two branches - same emphasis on agricultural lending. Other than those two I deal with numerous credit unions that are all local. Believe me, there is a dramatic difference in the service I see and experience - and that which the rest of you experience with those Wall St. banks.

 

sounds like if its every week getting boxes. the just want to charge a hassle fee and they have the right to do it.

Banks are in business to make money not tend to roll searchers demands. Suppose that the banks gets more roll
searchers. are they suppose to tend to want they want every week like your self. with my self i might get one or
2 boxes of halves a year to look thru and spend. But with your case its all massive roll seaching. do you have any
large accounts or loans that your bank makes anything off of to justify the roll searching ?

i wonder if your "dump" banks wants to charge you the same fee ?

 

i agre

 

I wonder what they charge abnormal customers.

 

I don't understand why anyone feels they are entitled to free services from banks. I am grateful everytime I walk out of a bank with "no fee" coins. I have been charged fees a couple of times; $16 for a $25 box of cents in fact . In my case I was not told of the fee at the time of pick up and simply called the bank to have the charge removed. If someone tells me there is a fee in the future I will politely refuse and try a different bank. In my opinon banks could justifiably charge for every service they provide, just like I would like to be paid for services I provide, but they don't always charrge because they are competing for customers most of the time. I never spend a minute worried about how much a bank executive earns or does not earn my only concern is the level of service they provide and my freedom to choose a different bank.

 

I go to a Credit union just because i don't like the policies of "Banks"

 

Banks are in business to make money, they are not a free institution, plain and simple.

 

Ok, so does someone know for a fact that Brinks charges face value for rolled coinage? I know bags of coins usually sell for face, but always thought rolled coinage was a premium product that banks had to pay for. It was a courtesy that they provided their business clients.

 

I'll answer your question with a question:

How do you think Brinks makes their money to pay the expenses associated with delivering coins and cash to banks?

Remember, they have armed guards in the trucks, insurance, fuel, and maintenance on those vehicles.