Coin Counting Machines Still Exist: Which Banks Have Them? | MyBankTracker (2024)

disqus_tvDOuowx8q
Thursday, 06 Oct 2022 12:01 PM

<p>Came across your article looking for some info and was quite impressed how thorough and informative your article was. Good Job. You answered questions I didn't even think of.</p>

DoodleRomp
Wednesday, 10 Aug 2022 8:47 PM

<p>Another local bank with a few branches located in Northern California (not listed above) that does have a machine: Mendocino Savings Bank.</p>

hydrosog
Tuesday, 21 Sep 2021 9:39 PM

<p>I weight my coins then wrap, works great everytime.</p>

hydrosog
Tuesday, 21 Sep 2021 9:38 PM

<p>MFCU has the machine at like 8%, but it's always broken :(</p><p>mission federal credit union</p>

Monday, 13 Sep 2021 3:45 AM

<p>TCF doesn't anymore now that they merged with Worthington</p>

disqus_DwzhbuxAeO
Tuesday, 09 Mar 2021 3:26 PM

<p>I read were there are no fees at Coinstar if you get an ecard or make a donation. So if you shop at Amazon, Starbucks, Game Stop etc., you can get an ecard for the full amount. Check your Coinstar machine to see which ecards they offer and/or charities to donate to. That may be a good option as well. I am going to try it.</p>

disqus_vTQnAm503L
Tuesday, 27 Oct 2020 4:37 AM

<p>Can you take your rolled up coins to different stores I know dollartree, always short on coins.</p>

disqus_5DRBDS2nny
Monday, 14 Sep 2020 4:19 PM

<p>Coinstar has a policy-just like every other company-that will "cover their azz in any situation" and dump the rest of it on you to make sure your complying with federal law.<br>Start looking and asking, they wouldn't still be ripping people off if they didn't.</p>

disqus_5DRBDS2nny
Monday, 14 Sep 2020 4:15 PM

<p>Hey, I'll do it for 42.3%, labeled and correct amount....just sayin ;)</p>

Tuesday, 28 Jul 2020 3:09 PM

<p>"I do not understand how a bank can't accept legal US tender."</p><p>They can, of course. However, they will not (won't). It is not a matter of ability. Rather, it is a simple matter of policy..</p>

disqus_LyjYatGoUr
Thursday, 26 Mar 2020 3:08 PM

<p>TCF bank coin counting no longer free for customers.</p>

darrenwilkens
Tuesday, 24 Mar 2020 2:00 PM

<p>Coinstar went up to 12.9% plus an extra 10 cents (not per dollar) in my area recently.</p>

darrenwilkens
Tuesday, 24 Mar 2020 1:53 PM

<p>You're an idiot!</p>

Saturday, 25 Jan 2020 9:38 PM

<p>It’s actually not...</p>

Friday, 10 Jan 2020 9:37 AM

<p>Didn't they used to use weight of the coins as to there value as long as they are sorted?</p>

disqus_0YTfXeuHQ0
Wednesday, 13 Nov 2019 5:00 PM

<p>OR the cheapest way to get value for your coins-<br>SPEND IT AS MONEY! Cashiers still take change.</p>

Saturday, 14 Sep 2019 6:30 PM

<p>"Genius!" *?*</p>

Barbaree
Sunday, 01 Sep 2019 2:46 PM

<p>That's what I do. I grab a handful of coins each time I'm going out, and try to spend as much as I can of the loose change. It works best at the self-serve machines in the markets. Eventually, it all uses up.</p>

Barbaree
Sunday, 01 Sep 2019 2:37 PM

<p>I was thinking that people would do that, so I'm surprised that they take rolled coins.</p>

Barbaree
Sunday, 01 Sep 2019 2:35 PM

<p>That's exactly what I do. I'm always aware of people waiting, so I try to go on off hours.</p>

MyBankTracker
Saturday, 31 Aug 2019 12:53 AM

<p>Thanks for letting us know -- we've added it to the list.</p>

Tuesday, 06 Aug 2019 2:21 PM

<p>TCF Bank has free coin counters for customers.</p>

Saturday, 06 Jul 2019 2:02 PM

<p>Chase policy is $100 max rolled/unrolled exchange for non-clients, but unlimited rolled coins for clients with ID.</p>

MyBankTracker
Wednesday, 15 May 2019 4:38 AM

<p>Thanks for this information -- we'll confirm with People's United Bank and update the details accordingly.</p>

disqus_87nK6Nfnx8
Tuesday, 14 May 2019 5:38 PM

<p>People’s United Bank update: <br>Just spoke with one of the branches (Bronxville, NY) and there is an 8% fee for non-customers, which they say will be increased to 11% soon.</p>

Mr_Joey
Friday, 02 Nov 2018 10:40 AM

<p>Nonsense.<br>The analogy is flawed. My coins are not lottery winnings or gifts of any kind. They are simply another form of my earned income, which I must declare and pay state and federal taxes on. My coins part of the income listed on my W2.<br>A better analogy would be to look at currency conversion fees charged by banks, since what you are doing with CoinStar is essentially a currency conversion. Coins to dollars. It's not exactly the same as converting dollars to British Pounds or German Marks, but the analogy is much more applicable. An 11.9% fee for currency conversion would be EXTREMELY high for any bank conversion I am aware of, so yes, I still think CoinStar is a rip-off.<br>A little research into CoinStar's profit/loss statements filed with the SEC more than confirms this. Regardless of their maintenance, collection, partnership obligations (those are all costs of doing business) CoinStar is making a very healthy profit.<br>What we as consumers really need, is a serious competitor to CoinStar to emerge. Somebody who can offer the same service, for say, 9% or 8% fee. Competition would result in the proper fee for the service. As it stands today, CoinStar IS a rip-off.<br>Mr. Joey</p>

Josh79Trucker
Monday, 03 Sep 2018 11:09 AM

<p>Just some FYI on the Coinstar service, while it is a fee for cash voucher the other options are not for you but those partners pay the fee themselves to be available to you at varying locations if not all locations. Just like how the gift card options vary by location the same goes for the fee in which at most is still 11.9%, and also said fee varies by location it is at, last I used one in 2007 it was 6% for a second time just I first used one in 2005 in a different state. Since like vending machines, they have to pay the place they are located at to be available there per the partnership agreement. Then as far as the fee goes, considering instead of setting up their own processing centers they use the likes of some armored service to do the pick up and processing at those services locations. Also a small amount also goes toward paying for the machine costs to manufacture and purchase as well as pay to get them serviced when needed.</p><p>Now here is another perspective if you think the fee is still a rip-off, not fair, or scam, perhaps even a tax, but lets say you won the lottery if your state offers so, you not only pay your state a tax which varies per state or if they even have a tax on lottery winnings as some do not and most who tax lottery winnings take it from as little as $600.00 in winnings. Then on top of that if it is $5,000.00 or more the IRS (Federal government) takes their own 25% up front with the possibility of more at tax time depending on the limits of the win per their tax bracket and this additional tax can be as much as 14.6% more.</p><p>*Still think Coinstar's fee is a rip-off (or for certain folk who call it a tax)?*</p>

Josh79Trucker
Monday, 03 Sep 2018 10:38 AM

<p>Sad you did not know they do not take said coins due to the machine are designed to detect and will reject them back to you. Some formers employees even confirmed this. Seeing as this info is states on their machines interface screen and even their website with a list of unaccepted coin or items.</p>

Josh79Trucker
Monday, 03 Sep 2018 10:23 AM

<p>Common sense should have told you to call ahead to make sure it was still operating if they even still had it available for use.</p>

Josh79Trucker
Monday, 03 Sep 2018 10:22 AM

<p>Many who still accept rolled coins will open them to check they are not stuffed or filled to make it look like its all coin as some try to cheat this rolled system. And those that do but do not check may not realize this unless they mark them so when they find out they know who to watch out for.</p>

Josh79Trucker
Monday, 03 Sep 2018 10:20 AM

<p>Thank goodness they have a location search on their website so you can call ahead to ask if they are working first and to also see what No Fee offers they have.</p>

Josh79Trucker
Monday, 03 Sep 2018 10:18 AM

<p>Most only accept quarters only though, vending machines however...</p>

Josh79Trucker
Monday, 03 Sep 2018 10:17 AM

<p>At most a Coinstar partner location will charge is the 11.9% but it varies per location, you just may have to drive around to a few as not all have the feeless options or certain eCertificates for partners like Amazon or Lowes who pay the fee for you. Consider also they do not do their own pickup and pricessing as they use Brinks or Loomis or other to do this for them and the partner location also need to get a cut so the Fee is not all that much of a rip off as you think, Just imagine winning $5,000 and the IRS takes 25% (Also your state where they may take a percentage as well which varies per state where lottery is legal) for another comparison of the current max Coinstar fee for another perspective.</p>

Josh79Trucker
Monday, 03 Sep 2018 10:12 AM

<p>Either the employee does not know not all banks have said machine or if there is perhaps they charge any fee for use, but as for not taking rolled coins, some folks are known to take in stuffed/fluffed/packed/fillled said rolls of other than a few coins one at each end and the rest a medium equal in average weight and seems solid and they do not have sorting machines at that location</p>

staituned
Tuesday, 31 Jul 2018 2:31 AM

<p>Good Q.</p>

SnoringDuck
Wednesday, 27 Jun 2018 4:26 PM

<p>If you are in the Greater Chicago Area there is a local bank called Wintrust. They have locations named after each city they are located. They ALL have a free coin counter to customers, and last time I was there free to non customers as well.<br>In the passed year they opened a location down in Florida as well. They are growing and actually care about their customers! (old employee)</p>

marianna_sanzo
Monday, 25 Jun 2018 6:10 PM

<p>🇮🇹 My mother saves change in her car and once a month she rolls it up and walks up to a teller in Bank of America with a deposit slip and $30-$50 in change and says "Have a nice day."</p>

marianna_sanzo
Monday, 25 Jun 2018 5:51 PM

<p>🇮🇹 That's funny because it's so true</p>

marianna_sanzo
Monday, 25 Jun 2018 5:49 PM

<p>🇮🇹 Smart Cookie!</p>

jasonnewstedt
Tuesday, 12 Jun 2018 5:17 PM

<p>The bank was caught stealing from their customers, so the customer's convenience has to suffer. Makes sense.</p>

Tuesday, 12 Jun 2018 10:32 AM

<p>TD got caught stealing from their customers. That's why no more counting machines.</p>

Tuesday, 12 Jun 2018 10:30 AM

<p>TD got caught with their hand in the cookie jar. All if that "free" coin counting was never free at all. There's a class action law suit going to the judge for final decision in August. If you are a TD customer you'll find a deposit, for the difference, in your account. If not they'll mail you a check. By all accounts, the judge is in agreement with the Plaintiffs.</p><p>Good Luck!</p>

disqus_aTaNdKiC6pGingerale
Wednesday, 16 May 2018 6:47 PM

<p>I saved a big jar, for change for all the 22 grandkids when they come ! They're happy!</p>

arwenotwell
Thursday, 03 May 2018 9:41 PM

<p>I just tried to take rolled coins to my bank, at which I have two personal bank accounts as well as a home equity loan, and they would not accept rolled coins. I looked at them dumbfounded and said "but you're a bank?!" "Ma'am, if you take the rolls to our other branch you can unroll them into the machine." The other branch is 10 miles away and closed in 15 minutes. I do not understand how a bank can't accept legal US tender.</p>

marytheresaroberts
Sunday, 15 Apr 2018 6:31 AM

<p>If there is a casino in your area ,take your coins to the cashier's cage + they will convert the loot into bills. Just don't be tempted by all the " one- armed bandits" on your way out the door.</p>

Monday, 26 Mar 2018 3:31 PM

<p>The irony is that, at some point, they will break open all of those wrapped coins to put into a coin counter!!</p>

adamkomar
Tuesday, 06 Mar 2018 5:05 PM

<p>Some Amegy locations have coin counters. Free to customers, but not sure what it costs non-customers.</p>

Tuesday, 30 Jan 2018 5:45 PM

<p>Do you need an account to use machines?</p>

disqus_IjzuW9BHn9
Saturday, 27 Jan 2018 7:53 AM

<p>Thank you Simon! Very helpful post! I'm a TD Bank customer, but apparently they don't do it anymore. Looks like I'm going to have to pay Coinstars 12% ripoff rates!😠😠😠 LOL.</p>

Friday, 19 Jan 2018 3:58 PM

<p>Citadel FCU in several SE PA counties has coin counters. Check with the branch to confirm. There is a small fee for non-account customers but it's not that bad.</p>

disqus_kRKtxzIk9C
Saturday, 06 Jan 2018 5:36 PM

<p>Dime Bank in Honesdale, PA area still offers machine. Charge for non customers tho</p>

disqus_12dsgERjWy
Friday, 29 Dec 2017 10:30 PM

<p>I know, super lame.</p>

disqus_12dsgERjWy
Friday, 29 Dec 2017 10:29 PM

<p>I know, they used to have one that I used a couple different times in Bremerton, WA. Now I've saved up a bunch of coins again and I'm not sure what I'll do. I really dislike coinstar.</p>

frederickleiserson
Friday, 22 Dec 2017 10:22 AM

<p>Any quarters you save up can be spent at the laundromat also if you're so inclined.</p>

frederickleiserson
Friday, 22 Dec 2017 10:07 AM

<p>I really believe the best option is to spend your loose change. Everything but the pennies is easily spendable. It's free and it's easy to spend your loose change and if you buy a lot of coffee or fast food it's also fast.</p>

jorgeelascorrea
Sunday, 26 Nov 2017 2:00 AM

<p>generous!</p>

jasonnewstedt
Thursday, 16 Nov 2017 8:19 PM

<p>I'm old enough to know that the reason why banks STARTED to use coin-counting machines is because people would come into banks with rolls of coins that would have metal coins in them or shaved copper tubes that were shaped like coin rolls, (usually the $10 rolls).<br>The only reason I can think of why they got rid of the machines is because they were renting them. Other than that, they were costing nothing since they were off and not in use (unless someone comes to the bank with a sack full of coins, obviously). Now, if they were renting the machine, that would be one H*** of a stupid decision on their part that begs the questions 'Why would I bank at a place that makes dumb decisions like that?' <br>But if they're going to accept rolls then it looks like I've got some free money coming my way!</p>

Cuthbert
Thursday, 09 Nov 2017 2:20 PM

<p>Coinstar is fine when they service their machines. Otherwise a giant pain in the *** to trek all the way to the location and come up empty.</p>

cvc4455
Thursday, 26 Oct 2017 10:03 PM

<p>You'd think thats why the tellers were there</p>

rickkamalaross
Tuesday, 24 Oct 2017 5:21 AM

<p>Thank you. Is there a fee for non customers? I googled but no information. Any clue?</p>

Wednesday, 18 Oct 2017 4:16 PM

<p>There is also Maspeth Federal Savings and Loan that has a coin counter and is free for their customers. Located in Queens NY. They have a few locations.</p>

jonathonpuravida
Friday, 06 Oct 2017 3:58 AM

<p>Like someone said in a post below use it at the supermarket to shop. I used $70 buck at my local shoprite one day. Of course you're wondering "what the h***?" lol well i used it at the electronics self check-out machine, "not with a physical cashier lol. The self checkout is faster at counting it, i had a bag full of quarters, that was an easy $70 buck off my grocery bill. i ended up not having to use my debit card at all, so basically its like that $70 buck stayed in my checking as i used what spare change i had saved.</p>

disqus_x4DZftubbu
Sunday, 24 Sep 2017 4:30 AM

<p>Yes indeed! You can tell which ones they are by the sound they make when you drop them onto a hard surface. I have recovered a few silver quarters and dimes over the years and even an older half dollar but I don't know if that was silver. It's fun to find them!</p>

disqus_x4DZftubbu
Sunday, 24 Sep 2017 2:23 AM

<p>A lot of supermarkets have self checkout where you can pay with coins. I go late so there is no line and no one behind me to get mad at me while I am paying with the coins. And I get 100% value. Find stores like this in your area and get your 100%! p.s. don't forget your store card, deposit bottles and coupons!</p>

craigknowles
Friday, 08 Sep 2017 4:29 AM

<p>Ent FCU in Woodland Park, CO, has one.</p>

disqus_Bkv269rqBJ
Sunday, 03 Sep 2017 6:47 AM

<p>I really do find it annoying that businesses are in business to make money.<br>I just don't understand that!</p>

MyBankTracker
Wednesday, 09 Aug 2017 3:13 PM

<p>Most banks require rolled coins for deposits. They usually provide free coin wrappers for that purpose.</p>

loringreercardona
Monday, 07 Aug 2017 4:14 PM

<p>Just went into my local Chase bank and the teller told me Chase doesn't accept unrolled coins any longer.</p>

MyBankTracker
Tuesday, 25 Jul 2017 7:27 PM

<p>Danny, thanks for the update. Navy Federal CU has been removed from the list.</p>

dannymodlin
Tuesday, 25 Jul 2017 6:39 PM

<p>Navy Federal no longer provides free coin counting for cash.</p>

MyBankTracker
Thursday, 22 Jun 2017 3:21 PM

<p>Many banks have removed their coin-counting machines because they say that the machines are not being used enough to justify the cost of maintaining them.</p>

amydorvalfleck
Friday, 16 Jun 2017 7:50 PM

<p>very helpful information - thanks!</p>

dmac328
Monday, 22 May 2017 8:58 PM

<p>I get a bunch of free wrappers from the bank then hire my kids to separate, count, and stuff them. <br>They get 50%</p>

dave_grebin
Thursday, 11 May 2017 6:23 PM

<p>Wells Fargo used to provide this service. I took a big jar of change there today and discovered they discontinued the service yesterday. Just my luck!</p>

Tuesday, 09 May 2017 2:40 PM

<p>Why Capital One don't have coin machines anymore </p>

TychaBrahe
Saturday, 06 May 2017 5:35 PM

<p>In Chicago, Northern Trust has one in its basem*nt at 50 S La Salle. You get a receipt that you take upstairs to a teller. </p>

Jbyrd1154
Saturday, 22 Apr 2017 2:11 AM

<p>Ok, thank you very much for the info , I did get rid of the quarters, I have a 5 gallon jug full of pennies left and that jug weighs a ton.</p>

mjaeger
Friday, 21 Apr 2017 3:43 PM

<p>I know I'm late to the discussion, but check your quarters and dimes for 1964 and prior dates before a coinstar or bank deposit. They are actually 90% silver and are worth way more than face value.</p>

smr413
Tuesday, 18 Apr 2017 3:30 PM

<p>People are complaining in comments about the inconvenience of wrapping their coins. There are coin sorting machines for purchase in a wide price range. Google it.</p>

disqus_Jqd6nSBRra
Wednesday, 05 Apr 2017 11:48 PM

<p>Navy Federal apparently no longer has coin counting/deposit machines. I went in today and was told all branches have gotten rid of them due to the cost to mainatain them. Really?? </p>

Sam2001
Monday, 06 Mar 2017 7:00 PM

<p>I started an account at a local bank, (otherwise we use USAA for everything) just to have a local bank for services like coin deposits. The bank we have an account with was sold to another bank. The new bank removed the coin counters from all the branches. none of the other local branches have coin counters either. Nor does the new casino, everything there is done by cards.</p>

Thursday, 02 Mar 2017 12:20 AM

<p>Dude, can't you read?! - says "Bank of America - None" ;)</p>

coonhounds
Saturday, 07 Jan 2017 3:25 PM

<p>I would complain esp if you have service fees on your account. Change in any denomination is legal tender for all debts public and private, it must be accepted for them to do business in the US. I wold threaten legal action, no problems after that.</p>

coonhounds
Saturday, 07 Jan 2017 3:10 PM

<p>a bank ripping people off? say it isn't so.............</p>

GodGutsGlory
Wednesday, 04 Jan 2017 5:33 AM

<p>I pre-counted all my coins and always caught it ripping me off. I would lay out $10 worth of quarters and have the manager count them then have her stand there while the machine counted $8.50. After that they just believed me unless the amount was more than $2 then they would open the machine.</p>

eileencolbertpattinson
Wednesday, 21 Dec 2016 10:43 PM

<p>Excellent! Thanks for the tip Carolyn, this is extremely helpful. I was totally surprised today when I walked into my bank, TD Bank, to cash in my coins for some Christmas cash only to find out that they took away their Penny Arcade machines. How disappointing!! However, there is a Republic Bank just a few miles away which I will be headed to tomorrow. Thank you!!</p>

Monday, 19 Dec 2016 9:03 PM

<p>Best Bank / Guaranty Bank takes them (when their machines are working). Don't know if they are nationwide.</p>

Wednesday, 14 Dec 2016 4:27 PM

<p>West Michigan / Grand Rapids area for coin sorting / loose coin banks:<br>All banks want them to be rolled, some will take under $100 unrolled.<br>Banks with coin sorters: 5/3 Holland Downtown will take half-dollars (as of 2016 it is broken); Lake Trust Credit Union in Grand Haven, but will not take half-dollars.<br>Hopefully this helps someone!</p><p>Now to find a cost effective way to tumble all my coins!</p>

lenati
Sunday, 11 Dec 2016 2:03 PM

<p>I save all my coins for a year then at a Christmas I cash them in. This year a disappointment as. The banks are doing away with them. Like they don't make enough already</p>

Thursday, 01 Dec 2016 1:33 AM

<p>i am shocked by the many people who take their FEDERALLY minted coins to a FEDERALLY ins. bank and have to PAY in order to GIVE the bank ashort term loan interest free upon deposit!!! how can this be legal? isnt counting money one of the reasons we PAY for tellers?</p>

Jbyrd1154
Wednesday, 30 Nov 2016 7:21 PM

<p>Thank you</p>

Wednesday, 05 Oct 2016 6:33 PM

<p>Meadville Area Federal Credit Union has a coin machine in their branches - completely free for members, a 9% fee for non members to use</p>

Monday, 26 Sep 2016 11:46 PM

<p>I just spoke with Bank of America. They prefer that you NOT roll your coins and just drop them off. They will put the coins in the vault where it is counted - I imagine by a machine - and place the money in your account. The $$ will be deposited in your account with 5 business days for free. Good to know.</p>

disqus_2gocM9aJj6
Wednesday, 17 Aug 2016 8:02 AM

<p>Does Citibank accept rolled coins?</p>

SimonMBT
Monday, 15 Aug 2016 8:21 PM

<p>Walmart has Coinstar machines in their stores. These machines will collect a 10.9% fee if you decide not to exchange your coins for gift cards.</p>

SimonMBT
Monday, 15 Aug 2016 7:11 PM

<p>Denis, coins can be deposited at most financial institutions.</p><p>If you're using a third-party coin counting service such as Coinstar, you'll have the option of changing those coins into things like gift cards. Coinstar also lets you cash out the coins (minus the fee), after which you can deposit as you wish.</p>

SimonMBT
Monday, 15 Aug 2016 7:02 PM

<p>Jacklyn, thanks! We added it to our list.</p>

SimonMBT
Monday, 15 Aug 2016 6:48 PM

<p>If you don't mind going through the hassle of rolling your coins, your Chase branch should provide free coin wrappers. After the coins are wrapped, you can deposit them.</p>

SimonMBT
Monday, 15 Aug 2016 6:47 PM

<p>Carolyn, thanks for letting us know. It has been added to our table.</p>

Friday, 12 Aug 2016 9:07 PM

<p>Thanks for the tip. I will call my local Santander Bank.<br></p>

joannemonfort
Friday, 12 Aug 2016 5:37 AM

<p>Walmart had them drop all your coins in get cash idkn if they keep a % of the money </p>

galacticduck
Monday, 01 Aug 2016 7:12 PM

<p>Not only that, but they are removing the machines because they were underpaying us for coins. Not intentionally, but still. Something of a scandal.</p>

Monday, 01 Aug 2016 1:00 PM

<p>i have a Question?? can i deposit my coins instead trading??</p>

disqus_dwHPlv0IWI
Wednesday, 27 Jul 2016 1:20 PM

<p>What a real bummer. Just went to TD Bank today to and found out they no longer have the coin counting machine. I toted all this change in my backpack for nothing so disappointing. They could of had the courtesy to send us a memo. Oh well</p>

Monday, 25 Jul 2016 5:04 PM

<p>I guess Td bank is not the most convenient bank maybe they should remove. There sign and change there greeting does anyone have a bank that offers this service in pa<br>David</p>

jacklynchandler
Monday, 18 Jul 2016 1:00 AM

<p>Peoples bank has machines for their customers only</p>

stefaniejackson
Thursday, 07 Jul 2016 3:07 AM

<p>Chase bank also denied me today.. hmm..</p>

stefaniejackson
Thursday, 07 Jul 2016 3:07 AM

<p>I went to Chase bank in Stevens Point, WI today and they do not have a coin counting machine.. I was very disappointed and now have to search for where to take my coins.</p>

DamiensWife52805
Wednesday, 06 Jul 2016 11:00 PM

<p>I heard Republic Bank has free coin counting.....for everybody. ;)<br></p>

MyBankTracker
Wednesday, 06 Jul 2016 4:31 PM

<p>That's odd that Chase denied it when they actually give out free coin rollers. Have you tried at a different Chase branch? Or call ahead before making the trip?</p>

MyBankTracker
Wednesday, 06 Jul 2016 4:28 PM

<p>Tilica21, thanks, we've added it to our list.</p>

aidaadams
Monday, 04 Jul 2016 11:34 PM

<p>Anyone out there that can help with information....regarding coin counting machines in Manhattan, NY........It seems a lot of the banks are getting rid of them.....<br>Could you let me no of a bank that still have these machine available.....thank you </p>

Thursday, 30 Jun 2016 5:56 PM

<p>I took my coins in rolled up to a chase bank and they denied me</p>

Thursday, 30 Jun 2016 2:52 PM

<p>Navy Federal in O'Fallon, IL has a free coin counting machine for customers. Just take your account number along because it goes directly into your account, but you can withdraw it right away.</p>

caroldarling
Wednesday, 15 Jun 2016 6:46 PM

<p>The coin counting machines were found to be inaccurate and some banks are being sued. Hence good bye machines! </p>

SimonMBT
Wednesday, 08 Jun 2016 7:42 PM

<p>Yes, PNC Bank has always accepted rolled coins for deposit as long as you have an account with them.</p>

juliabarrera
Wednesday, 08 Jun 2016 4:24 PM

<p>I can literally find no banks that will count my coins for me in my area. How frustrating it is to collect all these coins and have them be of little use because the institution that is made to count money can't even handle that task. I may end up doing something drastic like melting all the coins down so no one can use them. </p>

brian1248
Monday, 06 Jun 2016 5:45 PM

<p>The article is probably updated periodically, and the older comments are for an older version of the article.</p>

sephethus
Thursday, 02 Jun 2016 6:02 PM

<p>Will PNC bank accept rolled up coins for deposit now that they've removed all their machines?</p>

sephethus
Thursday, 02 Jun 2016 6:01 PM

<p>This article is dated March 31st 2016, two days ago, but I'm seeing comments from 9 months ago. What's the deal?</p>

larryferrari
Monday, 30 May 2016 4:41 PM

<p>Almost 11% 10.96</p>

SimonMBT
Wednesday, 20 Apr 2016 10:17 PM

<p>Thanks for the update. It does appear as PNC Bank is slowly removing the machines, but it is still a little early to say that they are completely unavailable now.</p>

SimonMBT
Wednesday, 20 Apr 2016 10:16 PM

<p>Ah, if the bank reimburses the customer for Coinstar's cash-out fee, then that would make sense. Still, it is very generous for the bank to do so.</p>

richbrisbois
Wednesday, 20 Apr 2016 5:39 PM

<p>As of 4/20/16 PNC does not have any coin counter's (at least for MI) but it sounded like they all got rid of them, she said only about a week or so ago...I just missed it, ouch!</p>

Wednesday, 30 Mar 2016 5:44 PM

<p>Doesn't Coinstar charge a fee of 10% for the service? So, I would think that the total amount would be after the fee. Sounds like the bank reimburses the fee for their deposit customers and I highly doubt you would get the 'same exact coins' back... how would the bank sort and all of that coin?</p>

SimonMBT
Friday, 25 Mar 2016 10:31 PM

<p>As you can see from the very short list above, you'd be hard pressed to find a bank that provides a coin-counting machine. If your current bank does everything else you need it to do, it might be worth staying.</p>

disqus_nDDiXVKy77
Saturday, 19 Mar 2016 7:53 PM

<p><b>Sadly my bank doesn't offer a self-service option with regards to coins. <br>Perhaps it's time for me to patronize another banking institution ?!! </b></p>

Sunday, 24 Jan 2016 7:41 PM

<p>All NC State Employee Credit Unions have coin counting machines for free to customers. </p>

SimonMBT
Tuesday, 19 Jan 2016 5:12 AM

<p>I'm going to sound skeptical here but that's quite a deal -- so good that I don't see the catch here... There has to be a reason that the bank is doing that. I've also tried to look up the bank and cannot find it. Can you link me to the bank's website?</p>

traethetrth
Tuesday, 19 Jan 2016 1:02 AM

<p>North star charter bank offer a coinstar service. it is amazing because the give you 10 % more than your total change amount. If you have an account you may deposit the coins and get the same exact coins back if you withdrawal them in the future. Slap me and call me susie!!</p>

SimonMBT
Monday, 18 Jan 2016 5:54 AM

<p>That's a rather unsettling policy -- makes sense from an operational perspective, but inconvenient from a customer service perspective.</p><p>The branch won't accept the rolled coins when the machine is out of order?</p>

mkoenig289gmailcom
Sunday, 17 Jan 2016 11:04 PM

<p>One of the PNC Banks in my area will not accept rolled coins in paper wrap. They insist you put it though their self service coin counting machine, which is often not working.</p>

SimonMBT
Monday, 14 Dec 2015 3:13 PM

<p>That's very generous of Santander (or just that particular branch). Thanks for checking. Also, many pennies you got there!</p>

disqus_HY5Sh9CmKm
Saturday, 12 Dec 2015 3:00 AM

<p>I was at the bank today cashing in my 5964 pennies and they do not charge to use the coin counter. They're "supposed" to charge non-customers, but they don't always. And they're the only Santander branch with a coin counter. </p>

disqus_HY5Sh9CmKm
Thursday, 10 Dec 2015 7:44 PM

<p>No, but I'll find out when I get there. I don't usually use that branch, only to count coins. The two other branches I use don't have coin counters.</p>

SimonMBT
Thursday, 10 Dec 2015 3:56 PM

<p>Wow, what a lucky find. Unfortunately, I called a couple other Santander Bank's in the New York area and none of them have coin counting machines. I guess the machines are only in some branches.</p><p>Did you happen to catch what the fee would be for non-customers?</p>

disqus_HY5Sh9CmKm
Thursday, 10 Dec 2015 11:52 AM

<p>Santander Bank in Wayne, PA has a coin counting machine still. I used it several years ago to cash in my jug of pennies. Just filled it again and called them and they confirmed they still have the coin counter. Free to customers!</p>

SimonMBT
Tuesday, 20 Oct 2015 5:37 PM

<p>If the branch has a coin counter in the back, they may accept it.</p><p>If they don't, the teller will likely tell you that the coins have to be wrapped first (by you). They'll give you free coin wrappers, but you'll have to wrap the coins yourself before you can deposit them.</p>

disqus_uHUyGl9zfJ
Tuesday, 20 Oct 2015 5:26 PM

<p>What if you dump the bag of coins on counter and tell the bank teller that you just want coins deposited into your account? Do they refuse to deposit coins?</p>

SimonMBT
Thursday, 01 Oct 2015 2:10 PM

<p>Cool, thanks for spreading the word.</p><p>However, what do you mean by a strict no customer coin counting policy? Does that mean you must give your change to the teller, who uses the machine?</p>

georgeschlesner
Tuesday, 29 Sep 2015 3:09 AM

<p>In Milwaukee, WI, Guaranty Bank still has coin machines but, does have a strict no customer coin counting policy. </p>

Sunday, 06 Sep 2015 5:47 PM

<p>I haven't, but I'll update when I do. In general, I'd assume credit unions are more likely than big bank chains to have free/low-fee coin counting.</p>

SimonMBT
Monday, 24 Aug 2015 2:11 PM

<p>Aimee, wow! Great find! It's amazing that this credit union offers the service for free. Have you tried used them before? I'm guessing that they try to turn these non-members into members when people try to use the coin-counters.</p>

Monday, 24 Aug 2015 12:30 PM

<p>If you're in the Philadelphia area, Freedom Credit Union has coin counting machines in their branches that are FREE for members AND non-members! Details here: <a href="https://disq.us/url?url=https%3A%2F%2Fwww.freedomcu.org%2Fresources%2Fconvenience-services%2Fbranch-services.html%3AnH4aPxo7IppYIDxVkp8ihEQeP7U&amp;cuid=15643" rel="nofollow noopener" title="https://www.freedomcu.org/resources/convenience-services/branch-services.html">https://www.freedomcu.org/r...</a></p>

SimonMBT
Thursday, 20 Aug 2015 8:12 PM

<p>Wow, surprised that they charge a fee even for customers. Do you know if they charge for coins that you roll yourself?</p>

disqus_IHp4ecRvak
Thursday, 20 Aug 2015 4:06 PM

<p>Marlborough Savings Bank in the MetroWest region of Massachusetts has coin counters in some of their branches. I think they charge 3% for customers who deposit the coins directly into their account (holders of certain high end accounts get this fee waived IIRC), and 7% for everybody else - still cheaper than Coinstar.</p>

SimonMBT
Monday, 17 Aug 2015 5:43 PM

<p>Robert, when did you notice that the machines were no longer available? Also, can you share the location of one of these branches where you saw this?</p>

robertlindelof
Friday, 14 Aug 2015 9:22 AM

<p>BB&amp;T in South Florida has also gotten rid of the machines. Was free for customers but good luck finding a decent deal on pricing now jus about anywhere. I have decided to take my change to Coinstar in Walmart to get an Amazon gift card at no charge and unload my approx $400 in change rather than give them almost $50 to take my money to get cash. Spends the same and I use Amazon quite a bit.</p>

ClaireMBT
Wednesday, 29 Jul 2015 12:20 AM

<p>Great, keep us posted.</p>

SimonMBT
Monday, 27 Jul 2015 3:12 PM

<p>Yes, KeyBank will accept your rolled coins for deposit into your account.</p>

FredCadena
Monday, 27 Jul 2015 2:01 PM

<p>Unfortunately, Charter One was bought by Citizens Bank and all Chicago-area branches are closed. I'm going to try at PNC later today and see what happens.</p>

kaylynnchristy
Sunday, 26 Jul 2015 7:52 AM

<p>I counted all my coins and put them in coin wrappers. Let me remind you this took about two hours out of my day, being about $30 in pennies alone. Will key Bank take my coins and deposited the funds into my account?</p>

disqus_D1vSTp41DY
Monday, 15 Jun 2015 12:09 AM

<p>Bank of Fort Sheridan in Highwood, IL is great. Machine is in the lobby, dump it all in, grab your printed receipt, walk up to the teller and exchange for bills. Now I am in Fresno, CA and cannot find a single one of these freebies in a bank. I am a Chase customer and they will hand you the paper rolls, but I must have sitting here at least $400 in change. Soooo miss my bank back in Illinois...</p>

zevkatz
Friday, 15 May 2015 4:19 PM

<p>It could be. Also, while coin star charges a fee for gift cards they do not. The only thing is that they do not have that many gift card options. Best options seem to be Home Depot, Amazon and Lowes.</p>

SimonMBT
Friday, 15 May 2015 4:17 PM

<p>I called a couple of PNC branches in Pennsylvania after finding the locations that had coin-counting machines. Both branches said those machines were still up and operating.</p><p>Maybe the staffer you called was referring only to the machines removed at that particular branch?</p><p>I'll keep an eye on PNC to see if they actually remove them from all branches.</p>

SimonMBT
Thursday, 14 May 2015 8:47 PM

<p>You're right about Capital One, but not about PNC.</p><p>I just confirmed that Capital One recently removed coin-counting machines from all of its branches on May 13, 2015. I've updated the story to reflect this new information.</p><p>PNC, however, still offers coin-counting machines in certain branches. You can find them by using the filters through the branch-locator tool on PNC's website.</p>

ClaireMBT
Wednesday, 29 Apr 2015 8:26 PM

<p>You're welcome Mauricio! Did you use a Coinstar machine or go to your bank?</p>

Wednesday, 29 Apr 2015 3:22 PM

<p>This is very helpful! Thank you!</p>

ClaireMBT
Monday, 13 Apr 2015 7:04 PM

<p>Sounds like you were able to save a nice chunk of cash. I think in general, people today just don't use as much cash as they once did. From my personal experience, I don't know too many young people who throw loose change in jars, since many turn to debit cards/credit cards to make purchases. Also, you're right, I read somewhere that these coin-counting machines are expensive to maintain.</p>

ClaireMBT
Saturday, 11 Apr 2015 5:32 PM

<p>Hi Kay, I would assume if it's at a credit union, the fee is probably cheaper than Coinstar. I've never heard of Vystar before. Thanks for letting us know!</p>

Saturday, 11 Apr 2015 5:26 AM

<p>Vystar was free for customers though that's a small credit union I think in the north part of Florida only. But still, just thought I'd share. I don't remember what the non customer fee was :/</p>

ClaireMBT
Tuesday, 07 Apr 2015 1:12 AM

<p>Hey Jim! Thanks for sharing. If Charter One only charges 5%, it's definitely one of the lowest fees for coin-counting machines.</p>

Coin Counting Machines Still Exist: Which Banks Have Them? | MyBankTracker (2024)

FAQs

Do any banks have coin machines? ›

Check your bank's policy. Some credit unions and community banks still have coin-counting machines. The majority of large banks such as Bank of America, Chase and Capital One do not have coin-counting machines for their customers anymore, though you can still receive coin wrappers from banks.

Does Wells Fargo have coin counting machines? ›

The bank will still have counting machines of its own — but behind the counter where customers can't use them. A bank spokesman said that customers will have to roll coins ahead of time if they want to deposit them. Wells Fargo will supply the rolls, though, and business customers can enroll in a coin-deposit service.

Do banks still convert coins to cash? ›

Banks or credit unions

You can also turn to a local bank or credit union to exchange your coins for cash — or deposit the money into a bank account. Many of those financial institutions will ask you to roll the coins to turn them in.

What banks work with coin base? ›

Some simply offer integrations with major crypto platforms like Coinbase. Others have partnerships with exchanges.
...
Best Crypto-Friendly Banks in the USA
  • Quontic. Quontic is a New York-based digital bank offering the first ever Bitcoin Rewards checking account. ...
  • Ally. ...
  • Bank of America. ...
  • Chase. ...
  • Goldman Sachs. ...
  • Morgan Stanley. ...
  • USAA.
Apr 5, 2022

How can I turn my coins into cash for free? ›

Start With Your Bank or Credit Union

Many banks and most credit unions offer a free conversion of coins to cash for account holders. They'll simply dump your change into a sorting machine and give you cash after the change has run through it.

How do I avoid Coinstar fees? ›

Coinstar's processing fee is 11.9%. To avoid the processing fee, you'll have to choose to receive an e-gift card instead of cash. Before you choose to get a gift card, review the list of participating restaurants and retailers.

Where can I turn in coins for free near me? ›

20 Places To Cash Coins For Free (Or Cheap)
  • QuikTrip. As a convenience store and gas station, QuikTrip wants to help you cash your coins for free. ...
  • Bank Of America. Another place where you can cash your coins for free is at Bank of America. ...
  • Wells Fargo. ...
  • US Bank. ...
  • CVS. ...
  • Kroger. ...
  • Meijer. ...
  • Walmart.
May 13, 2022

Does Walmart have a coin counting machine? ›

Is there a coin-counting machine at Walmart? Yes. Coinstar machines can be found at the vast majority of Walmart locations across the country.

Do banks give out coin wrappers for free? ›

You can do that in a couple of ways. You can roll the coins yourself. Most banks will give you free wrappers if you ask and will exchange their customers' rolled coins for cash — and many extend that courtesy to non-customers as well.

Why did Wells Fargo get rid of coin machines? ›

One of the reasons banks are getting rid of the coin sorters is that they're notorious for shorting people, according to an NBC “Today” investigation in April 2016. At one TD Bank location, the machine spit out a receipt for $256.90, nearly 15 percent less than the $300 fed into it.

Is Coinstar free at Walmart? ›

You do not pay a fee; however, Coinstar retains a 10% processing fee from your donation amount for national charities and a 7.5% processing fee for regional charities. See Charity Partners for information.

What if bank does not accept coins? ›

"Any non-compliance in this regard shall be viewed as violation of instructions issued by the Reserve Bank of India and action including penal measures as applicable from time to time, may be initiated," RBI added.

Where can I convert my coins to cash near me? ›

You may find Coinstar kiosks at major grocery stores and retailers nationwide, including:
  • Albertsons.
  • CVS.
  • Food 4 Less.
  • Harris Teeter.
  • Hannaford.
  • Kroger.
  • Meijer.
  • PAYOMATIC.
Nov 17, 2022

Where can I exchange old coins for cash? ›

Where to sell old coins in South Africa. On many websites, you can sell them for cash. Olx, eBay, Junk Mail, BidorBuy, Gumtree, Ananzi, and others are a few of them.

Why do banks block Coinbase? ›

Banks Block Payments to Crypto Exchange Over Fraud Worries.

What US bank is crypto friendly? ›

Which US banks are crypto-friendly? There are many crypto-friendly banks in the US, including Ally Bank, Simple Bank, USAA, Chase, and Bank of America.

Is it safe to link bank account to Coinbase? ›

At Coinbase we go to great lengths to keep all of your sensitive information safe. Account numbers and routing numbers are stored using bank level AES-256 encryption on our servers. In addition, all traffic is encrypted in transit to prevent third parties from eavesdropping on your connection.

What year coins are worth money? ›

The 11 most valuable coins to look out for
1Saint-Gaudens Double Eagle$20,165,100
81894-S Barber Dime$2,406,200
9Lincoln Head Copper Penny$2,320,200
101893 Morgan Silver Dollar$550,000
11Sacagawea Cheerios Dollar$25,000
6 more rows
Oct 12, 2022

Are coin machines worth it? ›

Well, it's the fees. Coin-counting machines pocket 12 cents of every dollar you put in. So, if you have $200 worth of coins, the coin kiosk is going to keep around $24 of that. And since many kiosk users don't count their coins ahead of time, many don't realize how much money they just threw away.

Is there something better than Coinstar? ›

So your best bet is to find a local credit union or small community bank that will count your change for free. MyBankTracker.com has a 2022 list, but it includes only a handful of institutions, and most offer the service only to their existing customers.

Is there a cheaper option than Coinstar? ›

Most local banks and credit unions offer coin-counting services, and a lot of them don't charge a fee which makes them more appealing than Coinstar. You might have to become a member of the financial institution to use the service, but that usually just involves opening a checking or savings account.

How much commission do Coinstar machines take? ›

Trading in your loose coins at Coinstar is easy. Just pour your coins into a machine and let us do the work. Choose one of our two convenient options: get cash, which has a 10.9% processing fee or charity which has an 8.9% fee. All fees may vary by location.

Will banks take coins that aren't rolled? ›

Yes. A bank can set its own internal policy as to whether it will accept or exchange unrolled coins for currency.

What is the fastest way to count coins by hand? ›

To count coins, you want to do a similar thing to notes, only pick them up. Separate the denominations out into piles. Then, placing one hand below the edge of the table, use the fingers of the other hand to sweep coins off the table and into your open palm. Make stacks of ten coins and add the values.

What is the name of the coin machine at Walmart? ›

Click Start, right-click Computer, and then click Properties. The computer name appears under Computer name, domain, and workgroup settings.

Why is there a coin shortage 2022? ›

Business and bank closures during the peak days of COVID caused a disruption on the circulation of coins — fewer transactions meant fewer coins were changing hands with many people opting to shop online or sit on their physical currency rather than deposit them.

Can you take loose change to the bank? ›

If you bank locally, you should be able to deposit your change into your account or exchange it for cash. You'll likely have to wrap your coins first; if you've accumulated a large amount of change, try wrapping a few rolls a week before visiting your branch.

What can you do with loose coins? ›

10 Things to Do with Spare Change
  1. Roll It Up. Before you can deposit your mason jar full of coins into a bank account, you need to put it in coin rolls. ...
  2. Open a Savings Account. ...
  3. Save for Holiday Gifts. ...
  4. Create a Vacation Fund. ...
  5. Teach Your Kids About Saving. ...
  6. Start a College Fund. ...
  7. Put It Toward Your Latte Fix. ...
  8. Donate to Charity.

Does TD Bank have a coin machine? ›

TD Bank, coined as America's Most Convenient Bank, does not provide coin-counting machines to customers. Previously, the bank was popular because it did offer the "Penny Arcade" coin-counting service, but it has been suspended due to reports that it was shortchanging users.

How much does Coinstar take out of $20? ›

Calculate Coinstar's Fee

Coinstar's fee is currently set at 11.9 percent of the value of the coins you're exchanging.

Do Coinstar machines take pennies? ›

Other places to cash in coins are Coinstar machines. Coinstar has 20000 machines located in select grocery stores across the country, such as Loblaws, Metro, Food Basics, The Real Canadian Superstore, and others. To use the machine, simply pour your Canadian coins into the slot and let the machine count them up.

How much amount of coins can I deposit in bank? ›

RBI has not prescribed any limit for coin deposits by customers with banks. Banks are free to accept any amount of coins from their customers. 4. Why is One Rupee Note liability of the Government of India?

Can a shop refuse to take coins? ›

What can I do if they refuse my notes or coins? You don't really have any rights. If a shopkeeper refuses a transaction, your only real option is to just go elsewhere. You can't force them to accept your cash or report them to the authorities if they don't.

Can banks take your money without permission? ›

Through the right of offset, banks and credit unions are legally allowed to remove funds from a checking account. They can do this to pay a debt on another account that the consumer has with that same financial institution.

Who pays the most for old coins? ›

Best places to sell coins online
  • CoinsForSale.com Only 5% to sell. No listing fee.
  • Heritage Auctions 10% fee. Consignment program.
  • Ebay 12.35% + $. 030 fee, plus listing fees. ...
  • Apmex Well known. But won't pay until after you've shipped your coins.
  • Modern Coin Mart Won't pay you until after you've sent them your coins.
Apr 27, 2022

How much is a 50 cent coin worth? ›

The half dollar, sometimes referred to as the half for short or 50-cent piece, is a United States coin worth 50 cents, or one half of a dollar.

How much does Coinstar charge for $50 dollars? ›

You do not pay a fee; however, Coinstar retains a 10% processing fee from your donation amount for national charities and a 7.5% processing fee for regional charities.

Does Walmart have a coin-counting machine? ›

Is there a coin-counting machine at Walmart? Yes. Coinstar machines can be found at the vast majority of Walmart locations across the country.

What is cheaper than Coinstar? ›

Coinstar is one of the top names in coin-counting machines. But you typically have to pay a fee for the service, and that fee can eat into your haul big time.
...
The fee-free restaurant and retail options include:
  • Lowe's.
  • Starbucks.
  • Applebee's.
  • Amazon.
  • Chili's.
  • Texas Roadhouse.
  • Lowe's.
  • GameStop.
Sep 12, 2022

Does Coinstar have a limit? ›

The machine has a limit of $2,000 per transaction. I suppose nothing really stops a person from doing multiple transactions. As for how much a Coinstar can hold before it needs to be emptied, these machines use an industry standard heavy/high capacity coin box that is a cart…

What coins will Coinstar not accept? ›

To process coins, loose change is poured into the machine. In the United States, the machine accepts all denominations of coins from one-cent coins to one-dollar coins, its only restriction being 1943 steel cents and Eisenhower Dollars.

Do banks take loose change? ›

You can roll the coins yourself. Most banks will give you free wrappers if you ask and will exchange their customers' rolled coins for cash — and many extend that courtesy to non-customers as well.

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