Dump banks question

If you got it like that great. It was a fight with chase every step of the way as far as wrappers and trying to deposit coin. They'd give me a dozen or so wrappers tops. Got to a point I'd have to go to 5 different branches to dump one box of quarters because they tried limiting me on $100 or less at a time then just flat out refused to take change deposits from me anymore and told me to go somewhere else.

I'm not a fan but I do have chase branches that get me my coins and are always great about it. just none of them near me like taking them back even as a deposit. I always got from further away, near where I work, and dumped close to where I lived for convience. So now I get from a few chase bank branches and dump as much as I want at the credit union and no problems and no fees.

 

Log in or Sign up to hide this ad.

My small town bank asked me not to wrap coins. They have a coin counter behind the counter. The first time I brought coins in, they cracked them out of the wrappers, and dumped them into the coin counter. It takes them about one minute to count $500 worth of quarters. Another branch has the coin counter in the lobby. You dump your coins into the hopper, and then take the receipt to the teller.

 

All good stuff folks. Again I appreciate the insight. I'm in SE Virginia and am member of Navy Federal Credit Union. Our 2 big banks here are BofA and BB&T. I'll check thier policies. Tks again! Good luck to all of you!

 

I stopped by Wells Fargo today, and they charged me $1.75 to pick up a box of quarters.

However, my small local bank is ordering two boxes of half dollars for me, free of charge. For some reason, they could get two boxes, but not one.

 

My bank has a coin counter so I take my coins there. It's my secondary account which I use for investments only. The funny thing is, I pull money from my main account in pennies, nickels, dollar bills and 5's. I do my searches then take them to my "investment" account to deposit the unwanted. The funny part on the bills, on the way to the "investment" bank, I will stop by 5-6 different banks to exchange bills for 5's and vice-versa. Then the last stop is my "investment" Bank. Lol, the tellers know me now, I'm that "coin & bill guy".

 

Accounts at banks seems to be an absolute when you dump. Try that route

 

I bet you have a dump bank

 

Yes, with 9 branches. All have coin counting machines! I split my 5-6 boxes per week among them to lessen the burden.

 

Well your sittin pretty

 

Well I've been out of the game for a long time, so I am wondering what banks still have coin counting machines. As of a couple years ago, my local TCF Bank (now Huntington) was charging account holders 1% to use their coin counters. $5 on a box of skunk halves isn't going to cut it. Could be different now.

Anyone know of banks that have free coin counting machines for account holders still?

 

Credit unions usually have one for an area they serve but not in every branch in the area.
Other than that I don't know, and they charge fees for non-CU members.
But they never complain about how much you dump in them although my CU won't take half or dollar coins.

So if it's half dollars, basically it's coin star and taking the gift card option which they don't charge fees on. Or at least that's how it used to be. I been out of the game since the plague struck. Lol

 

I am fortunate to live in a rather large city with multiple banks in the area. I scoped out the scene and found multiple banks with machines including a credit union, Old National Bank and a few other state-wide banks.

My advice is just to simply call and ask if they have a machine, what fees they charge for members and non-members. I have recently opened accounts at multiple banks for pickup/dump locations. So far it's worked, but I'm careful to spread out my dumps so not to make one branch mad.

 

Yeah, guess that's what I'll be doing. My old "pickup at Chase, dump at TCF coin machine" routine worked for years, but now I have a line on a credit union with a machine. Cheers and happy hunting!

 

I use American first about 6 different locations around me and they all have coin machines. I dump at the one I've never had luck at and some times I dump a box at chase but no one really wants to take the change

 

What ever happened to banks clamoring for change?

 

I have no problem buying or dumping at my bank. I must be like-able. LOL