large amounts of coin to be deposited where can I go?

Question

I have several coin operated washing machines and I am having a problem finding a bank that will take the large sum of coin

Answer 1

If you have an account, the bank should take the coin. You should find out first what the policy is on coins. You may be required to roll them before they will be accepted.

Answer 2

I find that your best bet would be to check with credit unions in your area. Most of them have coin counters and are glad to accept them just as they are, (not rolled like banks require), and not take a huge cut, (like coinstar). If not a credit union, then a smaller bank. Let them know you will be doing your banking with them to sweeten the pot on their side.

As an aside, I could never see how banks get off requiring you to roll the coins. Coins are legal tender, so I do not know how they can require to do extra work to deposit them. They all have those mechanical coin counters.....

Answer 3

If there is a fast food restaurant in the area, they are always in need of quarters... you could roll them and exchange them with a restaurant.

Or you could go find a coinstar machine

http://www.coinstar.com/us/html/a-home

They charge a certain percentage but it is better than not being able to turn the money in.

Answer 4

some banks have a coin gadget on the economic institution. (unlike Coin superstar, those at provide up-and-save) i be responsive to folk United economic institution has a coin gadget. in the journey that your economic institution does have a coin gadget, a receipt come out and you provide it to the counter.

Answer 5

Depends where you are located my bank has them right in the front lobby

Answer 6

CoinStar, its a machine at alot of grocery stores.

Answer 7

don't you have a bank account? you bank should take them
you just need to roll them