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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
 Posted - 10/26/2009 : 16:33:50
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I decided to start looking online for a bank that offers free coin counting machines. Chase will not accept bagged coins and the local credit union is 5% fee.
One of the banks that came up was Harris bank.
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Harris Bank (also has Arizona and Illinois locations)
Coin Counting - loose………….... FREE under $100;
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Does anyone have experience with this bank? Looks like for < $100 you don't have to pay a fee.
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SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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AmalekiDad
Penny Pincher Member
142 Posts |
Posted - 10/26/2009 : 19:00:45
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| Amgey bank in Houston advertises a free coin counter. Not every branch. See their website for a list of locations. |
Business Intelligence is NOT an oximoron |
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Megaman
Penny Pincher Member
USA
173 Posts |
Posted - 10/26/2009 : 19:23:50
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| Does anyone know if there are banks that offer free coin counting machines on the west coast? I can't find a single one. |
Must hoard more...... |
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twocents
Penny Collector Member
398 Posts |
Posted - 10/26/2009 : 20:50:56
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| Chase also takes loose. It just depends on the branch. |
Just my two cents! |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 10/27/2009 : 00:29:11
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Megaman.. free coin counting is rare on the west coast. The only one I have found is one of my local Credit Unions. I have heard of other Credit Unions offering free coin counting also. So check with all the local credit unions. What part of the west coast are you on? I think I heard that there are some banks in southern CA that have machines.
None of my Chase banks will take loose. Funny thing is.. I have to roll it to deposit it.. then they have to break the rolls open into bags to ship it. I have offered to just count it directly into the bags and put my name and account number on them to guarantee an accurate count. No dice yet. Just need to try a few more branches.  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 10/27/2009 : 00:33:59
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I have heard of Harris Bank.. they have been around a long time. No branches here that I know of. I could just see me setting the batch stops on all my machines to 99.99.
I think that $100 rule is disciminatory! |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 10/27/2009 : 02:53:43
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| Harris Bank is part of BMO (Bank of Montreal, Canada's oldest bank). Good solid bank to deal with. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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Megaman
Penny Pincher Member
USA
173 Posts |
Posted - 10/27/2009 : 19:23:56
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quote:
Originally posted by HoardCopperByTheTon
Megaman.. free coin counting is rare on the west coast. The only one I have found is one of my local Credit Unions. I have heard of other Credit Unions offering free coin counting also. So check with all the local credit unions. What part of the west coast are you on? I think I heard that there are some banks in southern CA that have machines.
None of my Chase banks will take loose. Funny thing is.. I have to roll it to deposit it.. then they have to break the rolls open into bags to ship it. I have offered to just count it directly into the bags and put my name and account number on them to guarantee an accurate count. No dice yet. Just need to try a few more branches.
Phew im in southern CA
and credit unions are my best bet am i right? |
Must hoard more...... |
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vrbsroma
Penny Collector Member
394 Posts |
Posted - 10/29/2009 : 11:26:59
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| When I first started beginning of this year I opened four bank accounts just to use their coin counters (and one to dump coin bags). Since then I've found most of the newer ones don't require you to be a member, and there's no charge for coin counting! Whoops... |
As far as I know, it is stated "In God We Trust" on the US dollar. How can I trust this currency if I do not believe in God?
Possession is nine-tenths of the law.
When I give my two cents, they're always copper! |
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PreservingThePast
1000+ Penny Miser Member
USA
1572 Posts |
 Posted - 10/29/2009 : 18:30:25
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The branch of our credit union that I frequent finally got a coin counting machine that is considered a traveling machine and will move from branch to branch. However, there is a fee, even for members. 
Me being too old fashioned and too tight fisted means that I will continue to reroll the coins I go through. Don't want to lose out on even one cent, if at all possible.
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 10/29/2009 : 23:04:26
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| Megaman.. being down south improves your odds a little. And you shouldn't get my zinc dumps. But there are a few members from down there that are fairly serious sorters. Maybe one of them will chime in with some secret dump banks. Yes, I think Credit Unions will be your best bet. |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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Megaman
Penny Pincher Member
USA
173 Posts |
Posted - 10/30/2009 : 00:45:27
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quote:
Originally posted by HoardCopperByTheTon
Megaman.. being down south improves your odds a little. And you shouldn't get my zinc dumps. But there are a few members from down there that are fairly serious sorters. Maybe one of them will chime in with some secret dump banks. Yes, I think Credit Unions will be your best bet.
If that happens, I'm suing for keeping things from a teenager O:< I'll have a deprived childhood  |
Must hoard more...... |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 10/30/2009 : 01:08:19
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| Of course if you were up north you could have full free use of the penny processing center. |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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BOHICA
Penny Sorter Member
USA
41 Posts |
Posted - 10/30/2009 : 09:55:16
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| Megaman, I'm in SoCal also and the Navy Federal Credit Unions in Oceanside and Temecula both have coin sorters in their lobbies. NFCU is now open to all military members and government employees. |
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Free coin counting machines at bank
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