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Disappointing news at my bank WRT Halves Boxes...
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<p>[QUOTE="calishield, post: 3051801, member: 84592"]I definitely agree not to dump where you pick up, or be very judicious. What I have learned is that each bank (not single branches) has a cage for Loomis, Garda, etc. that they pull the coin from back and forth and deposit. A teller filled me in and she has visited the cage. So Chase has a cage, Wells, BMO, you get it. Now I live in a large metro area and all the branches have to balance to this cage to make it work for all branches. So if you dump enough back to Chase, you may see similar coins but there is a ton of back and forth. The interesting thing is when I was ordering a ton of pennies, she said if they ran low, they may have to pull from the Fed supply if it got too low - still think it would have to take a load of ordering but...wanted to pass on this knowledge![/QUOTE]</p><p><br /></p>
[QUOTE="calishield, post: 3051801, member: 84592"]I definitely agree not to dump where you pick up, or be very judicious. What I have learned is that each bank (not single branches) has a cage for Loomis, Garda, etc. that they pull the coin from back and forth and deposit. A teller filled me in and she has visited the cage. So Chase has a cage, Wells, BMO, you get it. Now I live in a large metro area and all the branches have to balance to this cage to make it work for all branches. So if you dump enough back to Chase, you may see similar coins but there is a ton of back and forth. The interesting thing is when I was ordering a ton of pennies, she said if they ran low, they may have to pull from the Fed supply if it got too low - still think it would have to take a load of ordering but...wanted to pass on this knowledge![/QUOTE]
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