Depositing change into our bank
 

Back in TN, we were able to take bags of unwrapped change to Bank of America and they would send it through some magic internal process and deposit it into our bank account. The process took a month or so, but was fine because it worked.

I tried this with our local BoA, and they said they don't do this. I have to wrap all the change.

Does anyone know of a way to convert change that doesn't cost $0.07 on the dollar and doesn't require me to spend hours wrapping coins?

Thanks!

I think they have coin machines at some stores, like Publix and others, that will allow you to set up an Amazon account where the coins are converted into a credit to be used on Amazon.com. They don't charge anything for this option.

Sign of the times. Wells Fargo in Minnnesota (where we’ve banked for nearly 3 decades) used to have a coin-counting machine in their lobby. Dump the coins in and after a few seconds of rattling around the machine issued a ticket, which you took to the counter and either cashed in or deposited. A couple of credit unions did the same thing. Not any more though…now it is rolled coins or nothing. I don’t mind rolling anything from a nickel on up but doing it with pennies is a waste of time. I take ‘em to Wal-Mart sand pay the whatever percent they charge for changing the pennies into paper.

According to my wife, it is all part of a movement toward a cashless society.

There are still quite a few credit unions in TN (Like TVA Employees') that do this. I joined one and park $100 in an account there simply for access to their free CoinStar machine in the lobby and in the unlikely even I will need to take advantage of their low loan rates in the future. All about keeping options open for me. Plus, I can always get the $100 back whenever I want.

The supermarkets in TN charge about 10% for the honor of using their CoinStar machines. No thanks.

Citizens has a change machine in LSL I believe there is no charge for account holders.

Wrapping coins is my rain day job about every 6 months

It's also my "splurge" money. I wrap it, bring it to Citizen's, they give me bills, and I use the money to splurge on something at Sephora or Ulta.

I have almost totally eliminated my coin accumulation problem. I use a credit card for almost everything I buy, except at sit down restaurants, where I pay cash and never ask for change. I always carry a supply of 20's, 10's, 5's, 2's, and 1's. I order two dollar bills at the bank because that is the only source that I know of.

TD Bank had coin counting machines when we used them up North, I saw they have a branch near or in TV, but I have no idea if they still have the coin counters.
I also wrap my own, usually when reruns are on.

According to TD Bank, they no longer have coin counting machines at any of their locations.

When I go to a grocery or whatever that has a self-checkout, many will accept coins. I put a handfull of coins in my pocket, and if there is not too long a line behind me, I feed the machine. It keeps the coin jar manageable.
OTOH, if you're buying rolls to search for silver or something, good luck.

You must be one of those people that I always get behind in line. Do you have one of those rubber squeeze thingies for coins?

Not if they keep slapping on surchargers for using a credit card, :22yikes:

Cashless society = total loss of freedom, people we can not let this happen .
 

[QUOTE=ThirdOfFive;2306146]Sign of the times. Wells Fargo in Minnnesota (where we’ve banked for nearly 3 decades) used to have a coin-counting machine in their lobby. Dump the coins in and after a few seconds of rattling around the machine issued a ticket, which you took to the counter and either cashed in or deposited. A couple of credit unions did the same thing. Not any more though…now it is rolled coins or nothing. I don’t mind rolling anything from a nickel on up but doing it with pennies is a waste of time. I take ‘em to Wal-Mart sand pay the whatever percent they charge for changing the pennies into paper.

According to my wife, it is all part of a movement toward a cashless society.

I have an extra coin counting machine if you want it you’re welcome to it. You put the coins in the top and it sorts them into the individual wrappers for U. Let me know.