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CR halves and the abrasive bank manager
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<p>[QUOTE="Michael K, post: 3224982, member: 78298"]It's like anything else. Money talks. If you are a large customer, the bank is making plenty off of your account, because they haven't been paying interest for 10 years and they are loaning your money out at higher rates.</p><p>If you just have a bare minimum account, why would they go out of your way to keep you happy, when it costs them money to buy boxes of halves, and then sell it to you at face value, and then there are labor costs when people dump halves on them which they have to count and send back to the coin rolling company. (Loomis, whoever.) Banks are going to stop keeping halves on hand. No one uses them for change. My credit union hasn't carried them in years, which is too bad, because they would gladly have sold me all I wanted at face value. But then, I would need another place to dump them. It's bad form to dump them at the same place you get them.[/QUOTE]</p><p><br /></p>
[QUOTE="Michael K, post: 3224982, member: 78298"]It's like anything else. Money talks. If you are a large customer, the bank is making plenty off of your account, because they haven't been paying interest for 10 years and they are loaning your money out at higher rates. If you just have a bare minimum account, why would they go out of your way to keep you happy, when it costs them money to buy boxes of halves, and then sell it to you at face value, and then there are labor costs when people dump halves on them which they have to count and send back to the coin rolling company. (Loomis, whoever.) Banks are going to stop keeping halves on hand. No one uses them for change. My credit union hasn't carried them in years, which is too bad, because they would gladly have sold me all I wanted at face value. But then, I would need another place to dump them. It's bad form to dump them at the same place you get them.[/QUOTE]
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