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<p>[QUOTE="gatzdon, post: 263688, member: 8247"]You are correct on the Armored Car. It's the banks responsibility to contract with an Armored Car Service, the Federal Reserve has no part in that process, other than the person approaching the loading docks must be on the list in advance (in other words, no walkins allowed). The Federal Reserve itself does not charge a fee, except under certain circumstances.</p><p><br /></p><p>I used to ask the tellers questions about the Federal Reserve, but I've been misinformed too many times. Sometimes the Teller Supervisor is more knowledgeable as they go to more trainings and network more. I've been told things like the Feds melt every half dollar they receive back, that they aren't circulated anymore and cannot be ordered, they they don't make them anymore, that they get charged per box, that the Fed limits quantities that can be ordered, etc... To be fair, I think many of those tellers made some of it up intentionality to get me to go to another bank for my rolled coin needs. Either way, it's my sign that I can't trust what they all say.[/QUOTE]</p><p><br /></p>
[QUOTE="gatzdon, post: 263688, member: 8247"]You are correct on the Armored Car. It's the banks responsibility to contract with an Armored Car Service, the Federal Reserve has no part in that process, other than the person approaching the loading docks must be on the list in advance (in other words, no walkins allowed). The Federal Reserve itself does not charge a fee, except under certain circumstances. I used to ask the tellers questions about the Federal Reserve, but I've been misinformed too many times. Sometimes the Teller Supervisor is more knowledgeable as they go to more trainings and network more. I've been told things like the Feds melt every half dollar they receive back, that they aren't circulated anymore and cannot be ordered, they they don't make them anymore, that they get charged per box, that the Fed limits quantities that can be ordered, etc... To be fair, I think many of those tellers made some of it up intentionality to get me to go to another bank for my rolled coin needs. Either way, it's my sign that I can't trust what they all say.[/QUOTE]
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