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Question about bringing loose change to a bank

Posted on 12/6/15 at 12:33 am
Posted by la_birdman
Lake Charles
Member since Feb 2005
31014 posts
Posted on 12/6/15 at 12:33 am
I have an empty water jug that I drop loose change into and I was thinking of taking it to the bank and seeing how much it's worth.


I'd rather not try those CoinStar things at stores because it charges you a percentage.



Does anyone know if your bank charges you to do this? I really have no idea.


Thank you in advance.
Posted by LNCHBOX
70448
Member since Jun 2009
84118 posts
Posted on 12/6/15 at 12:35 am to
My bank will do loose change deposits only at certain locations. No fee charged. Call your bank and they'll let you know their policy.
Posted by mallardhank
Atlanta
Member since Feb 2006
1276 posts
Posted on 12/6/15 at 12:36 am to
Roll the coins yourself. Banks won't accept coins loose especially in that quantity.
Posted by la_birdman
Lake Charles
Member since Feb 2005
31014 posts
Posted on 12/6/15 at 12:36 am to
Appreciate it. Thanks a bunch.
Posted by Jones
Member since Oct 2005
90521 posts
Posted on 12/6/15 at 12:36 am to
Mine doesnt.

If your bank charges you to give them money for a change out, find another bank.
Posted by la_birdman
Lake Charles
Member since Feb 2005
31014 posts
Posted on 12/6/15 at 12:38 am to
Good point!
Posted by Horsemeat
Truckin' somewhere in the US
Member since Dec 2014
13533 posts
Posted on 12/6/15 at 12:38 am to
Whitney on Bluebonnet south of Perkins. As long as you're a customer, they dont give a frick - couple of years ago I rolled in there with $317 in change, deposited with a thank you.

You're welcome.
This post was edited on 12/6/15 at 12:40 am
Posted by Spock's Eyebrow
Member since May 2012
12300 posts
Posted on 12/6/15 at 12:45 am to
quote:

I'd rather not try those CoinStar things at stores because it charges you a percentage.


They usually have a no-fee Amazon gift card offer.
Posted by LSU999
Member since Nov 2012
9117 posts
Posted on 12/6/15 at 12:49 am to
Whitney made me unroll mine and they dumped it in the counter. Free if you have an account.

Over $700 dollars in quarters multiple times.
This post was edited on 12/6/15 at 12:51 am
Posted by weadjust
Member since Aug 2012
15103 posts
Posted on 12/6/15 at 12:51 am to
My bank has a coin counter machine in the lobby. I recently dumped a 1/3 full water jug into it and it spit out a receipt for $600+. Take receipt to teller and they give you cash or a deposit slip. Took less than 10 minutes.
Posted by rpg37
Ocean Springs, MS
Member since Sep 2008
47454 posts
Posted on 12/6/15 at 12:53 am to
Regions has coin counters at their main branches. Done it a couple times...
Posted by Twenty 49
Shreveport
Member since Jun 2014
18770 posts
Posted on 12/6/15 at 12:54 am to
First CityWide Change Bank

Our Business is Making Change

How do we make money? Volume!
Posted by MottLaneKid
Gonzales
Member since Apr 2012
4543 posts
Posted on 12/6/15 at 1:12 am to
I deal with Capital One bank. I used to take jugs of coins to the bank and use their coin machine. Two months ago, they took the coin machine out and the lady there told me that Capital One banks in this area are no longer providing coin machines.

BTW...If you were a customer of Capital One, you did not pay a fee to convert your coins. A non member would pay a small fee to use the machines. Obviously, it doesn't matter anymore at Capital One.
Posted by Asgard Device
The Daedalus
Member since Apr 2011
11562 posts
Posted on 12/6/15 at 1:15 am to
Get a debit or credit card, for frick's sake. No need to deal with loose coins these days.
Posted by public_enemy
Member since Feb 2015
4374 posts
Posted on 12/6/15 at 1:15 am to
The capital one here still do it with no fee.
Posted by just1dawg
Virginia
Member since Dec 2011
1483 posts
Posted on 12/6/15 at 1:21 am to
My credit union charged me a fee to use the machine in the lobby. I was pissed. My fault, though, should've asked beforehand. But that's why I use a credit union--lower fees.

Previously used the Coinstar machine at grocery store and got my Amazon receipt for about $200.
Posted by Hammertime
Will trade dowsing rod for titties
Member since Jan 2012
43030 posts
Posted on 12/6/15 at 1:22 am to
I brought in about $1200 in change from this house I cleaned out after Katrina. The damn bank said they wouldn't take any Katrina change, so I had to go home and wash all of it. frick that nonsense
Posted by slackster
Houston
Member since Mar 2009
84896 posts
Posted on 12/6/15 at 1:23 am to
quote:

If your bank charges you to give them money for a change out, find another bank.



It's not so much the fee as it is finding a location that has coin counting services.

Coin counters in the lobby are getting more and more rare, and most branches of a bank don't have an industrial coin counter/separator.
Posted by Twenty 49
Shreveport
Member since Jun 2014
18770 posts
Posted on 12/6/15 at 1:25 am to
quote:

The damn bank said they wouldn't take any Katrina change


You should have called a local TV station. They'd love some storm victim story like that (unless that bank buys time on their channel).
Posted by Spock's Eyebrow
Member since May 2012
12300 posts
Posted on 12/6/15 at 1:31 am to
quote:

First CityWide Change Bank

Our Business is Making Change

How do we make money? Volume!


"That's what we do."
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