| Author |
 Topic  |
|
|
Copper Catcher
Administrator
USA
1347 Posts |
 Posted - 10/11/2009 : 14:53:18
|
I was wondering for those that get loose bags of pennies, this question: Have you ever taken pennies to your dump bank/banks and later i.e. weeks or months got your bag back at your pick up bank/banks?
In theory I would assume all armored car companies are pulling coin from the same federal reserve branch so your bag could arrive and be placed on a pallet only later to be sent back out back to you.
Probably unlikely, but I was curious to know if this has happened to anyone? Likewise, has anyone recently received an entire bag of zincs?
|
DISCLAIMER: The opinions expressed in this message are those of the author and are considered for entertainment purposes only. It is not the intent of this author to provide legal, investment or medical advice and nothing posted here should be considered to be so. You are advised to seek independent counsel to act upon any laws discussed in this communication. |
|
|
george454
Penny Sorter Member
60 Posts |
Posted - 10/11/2009 : 15:21:34
|
| I have never got my bags back but have got a few of my dump rolls, 20 to be exact. The bank at which I dump requires me to write my account number on the rolls, several weeks later I picked them up at my buy bank still in the rolls I rolled them as well as my account number on them. Kind of spooky that your number floats out there. After that I know dump my rolls at Walmart since they only ask me for my phone number. Would rather have random phone calls instead of someone in my account. |
 |
|
|
Copper Catcher
Administrator
USA
1347 Posts |
Posted - 10/11/2009 : 15:24:45
|
Wow!
I didn't know banks required account numbers on coin rolls anymore. I guess it all depends on where you are located.
Still, like you, I would not want account numbers floating around. |
DISCLAIMER: The opinions expressed in this message are those of the author and are considered for entertainment purposes only. It is not the intent of this author to provide legal, investment or medical advice and nothing posted here should be considered to be so. You are advised to seek independent counsel to act upon any laws discussed in this communication. |
|
|
|
jadedragon
Administrator
Canada
2819 Posts |
|
|
HoardCopperByTheTon
Administrator
USA
5252 Posts |
Posted - 10/11/2009 : 23:27:58
|
They probably wouldn't require the account # if you machine rolled them. Here is the solution I worked out just in case this ever happened to me. Just preprint sheets of labels on your computer with your account number on them and sticker the rolls. I even have a label peeling device that sits on the desk out in the penny processing center. It automatically advances to the next row of lables on the sheet once you pull off the last label on a row. Very convenient device if you labeling a lot of rolls. And you know how I love machines.. lol.  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Let me see if I understand this? If you cross the North Korean border illegally, you get 12 years hard labor; the Iranian border illegally you are detained indefinitely. If you cross the US border illegally, you get a driver’s license, a social security card, welfare, food stamps, free health care!
|
|
|
|
Investin Cents
Penny Sorter Member
USA
60 Posts |
Posted - 10/12/2009 : 22:30:26
|
Nice! In this age of identity theft & bank fraud a legitimate financial institution is handing out customer account numbers. Doesn't anyone else find this behavior not only offensive but borderline criminal? (Not to mention a few other choice words that would get censored here.) If this is how they treat customers or law abiding folk, what do they do to thieves?
I'd dump that dump bank & report them to your local government financial regulators. |
If I were two-faced, would I be wearing this one? - A. Lincoln |
|
|
|
misteroman
Moderator
USA
1996 Posts |
Posted - 10/12/2009 : 23:15:43
|
| Only boxes here and I always take them to a coinstar to dump so never got anything back |
|
|
|
NotABigDeal
1000+ Penny Miser Member
USA
3251 Posts |
Posted - 10/13/2009 : 06:24:21
|
Some local banks have given me CWR's with names, phone numbers, and account numbers. Plenty of damaging information there. I'd NEVER return anywhere that required me to put my account number on rolls. Although I am lazy and I won't return rolled coins period.
Deal
p.s. I destroy any wrappers with any personal information in a fire. I can't just throw them away. |
Gun control is like trying to reduce drunk driving by making it harder for sober people to own cars.
If you want peace, prepare for war. |
|
|
|
daviscfad
1000+ Penny Miser Member
USA
1305 Posts |
Posted - 10/13/2009 : 09:58:51
|
| you used to have to do it in North carolina until the privacy act now thats no more. I think its wrong to have to put it up there |
Inquiring minds want to know |
|
|
|
PennySaved
Penny Collector Member
361 Posts |
Posted - 10/13/2009 : 10:27:19
|
| I think you should ask to see the bank policy on writing of account #s on rolls you turn in. I had a branch try to make me stand there and write my account on every roll I was turning in. I called corporate and it turned out that it is against their policy to make you hand write your account #. |
|
|
|
moboman
1000+ Penny Miser Member
USA
2260 Posts |
Posted - 10/13/2009 : 10:47:29
|
I've gotten rolls with SS#'s before!
Only one bank i buy from checks and scratches off numbers and they miss rolls all the time with numbers.
|
Government and industry "are not enemies," Sandy Levin said. "This shows what happens when we work together."
"99% of all lawyers give the rest of them a bad name" 
|
|
|
|
psi
Penny Collector Member
Canada
303 Posts |
Posted - 10/13/2009 : 11:25:44
|
| I've never been asked but I have seen rolls with account or phone numbers occasionally. If you think about it it's not really in the bank's interest to expose its account holders to fraud in this way because there's a good chance that they could be held liable if the account is compromised. As PennySaved was saying it's probably more a policy of short-sighted managers than a company-wide policy. |
|
|
|
highroller4321
1000+ Penny Miser Member
USA
1971 Posts |
Posted - 10/13/2009 : 13:20:27
|
| I would never put my SSN # or phone number or account number on a roll that is just going to be given out to someone else. I would try to work a deal with the bank to give them loose coin and they count it when you bring it in. |
Copper penny Investing
www.portlandmint.com |
|
|
|
PennySaved
Penny Collector Member
361 Posts |
Posted - 10/13/2009 : 13:27:50
|
| I've been checking around. Someone I know who works for B of A said you can bring a bag of pennies in and they send it somewhere to have it counted and then credit your account within 3 business days. Guess it would be better than rolling it all by hand. |
|
|
| |
Topic |
|
Has this happened to anyone?
