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<p>[QUOTE="Truble, post: 2865764, member: 80662"]In February my Credit Union did the same thing, 4% for members, 10% for non members. Then I went to the effort to complain and threaten to pull all accounts, mortgage, cars, savings, checking and they relented and placed me as a no-fee status. I argued the interest they accrue on my deposits plus interest they are earning on my loans more than out weighs any fees they would earn on my coin machine charges. Yes, it is not profitable for them to run my coins for free, but consider it a cost of doing business. I'll continue until they remove the machines, then I'll seek other means of dumping coins.</p><p><br /></p><p>I feel for everyone who is having problems dumping coins, I see it as a means to eventually eliminate cash and coinage all together. Or the squeezing of every drop of fees possible, even from kids piggy banks.[/QUOTE]</p><p><br /></p>
[QUOTE="Truble, post: 2865764, member: 80662"]In February my Credit Union did the same thing, 4% for members, 10% for non members. Then I went to the effort to complain and threaten to pull all accounts, mortgage, cars, savings, checking and they relented and placed me as a no-fee status. I argued the interest they accrue on my deposits plus interest they are earning on my loans more than out weighs any fees they would earn on my coin machine charges. Yes, it is not profitable for them to run my coins for free, but consider it a cost of doing business. I'll continue until they remove the machines, then I'll seek other means of dumping coins. I feel for everyone who is having problems dumping coins, I see it as a means to eventually eliminate cash and coinage all together. Or the squeezing of every drop of fees possible, even from kids piggy banks.[/QUOTE]
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