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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Depositing change into our bank (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/depositing-change-into-our-bank-348119/)

DAVES 03-02-2024 03:00 PM

Quote:

Originally Posted by thevillager1988 (Post 2306133)
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!

If, this is a regular problem for you there are many devices that makes this easy and quick.

DAVES 03-02-2024 03:13 PM

Quote:

Originally Posted by Rainger99 (Post 2306578)
TD Bank was sued in a class action because the coin counting machines weren’t accurate. As a result, they removed the free machines.

I never used them for myself but a friend of mine who didn’t have a TD account always asked me to take her coins to the bank and get cash back. As a result, I was a class member.

I figured I might be able to retire early. I got a check for about fifty cents! But the lawyers got paid.

Your browser is not supported | courierpostonline.com

Class action suits. The US has more attorneys per capita than any other industrialized nation. We also have more law suits. So many expressions for this
some not very polite. Which came first, the chicken or the egg? Any class action suit. Typical you are told you pay nothing unless they collect. They do not take any case unless they KNOW they will collect. The only question is how much. The atty gets typically 30% plus expenses. A friend used to do photography for attys. Since the client was paying price charged did not matter. Far as plaintiffs, customers who sign up, the more the more profitable. The work? Most if not all is done by a clerk-a secretary.

Rainger99 03-02-2024 07:01 PM

Quote:

Originally Posted by ThirdOfFive (Post 2306890)
I thought I saw a sign by that machine that had something like a 7% charge for using it. Of course I could be confusing it with another machine and place. Do that a lot lately.

Usually the machines have a couple of choices. If you want cash back, there is usually a fee of about 7%. But if you are ok with a gift card like Amazon or Starbucks or Home Depot, there is usually no fee!

Topspinmo 03-02-2024 10:18 PM

How do you accumulate all coins? If I buy something with cash I always to enough change so I don’t get change back. That keeps excess to minimum. Course I get lot of rolling eyes, but it takes no longer than paying with credit card.

BettyInFL 03-03-2024 02:17 PM

Mid-America
 
Quote:

Originally Posted by thevillager1988 (Post 2306133)
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!

Mid America banks will count IF YOU HAVE AN ACCOUNT.

Just take your change over and have them deposit it.

xcaligirl 03-04-2024 02:04 PM

Quote:

Originally Posted by Keefelane66 (Post 2306221)
Wrapping coins is my rain day job about every 6 months

I roll my own but being in banking for so many years, I don't find it annoying. One BofA here wanted unrolled coin because they had the machine to count it and send it wherever and then deposit the $$ into the account. But the other BofA needed it rolled. Better than the old days when it had to be rolled with your account number on it!

FromDC 03-05-2024 07:12 AM

Quote:

Originally Posted by retiredguy123 (Post 2306555)
No charge for Vystar members, but a 6 percent charge for non-members.

Open up a Vystar Member Share account for $5 (dig the coin out of the piggy bank) and now you can use their Coin Machine for free.

thevillager1988 03-29-2024 10:51 AM

Thanks for all the replies, the advice, and of course the offer of a coin counter/sorter! I went to Winn Dixie at Pinellas Plaza and converted the coins into a $155 Amazon gift card.

Jim&Fran 04-09-2024 12:10 PM

Coins
 
Quote:

Originally Posted by thevillager1988 (Post 2306133)
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!

Hi Neighbor:
I live in Chatham over 21 years now. I’m getting my Grandchildren interested in coin collecting. Mostly Cents, Nickles Dimes Etc.
my youngest is 8 and he is very interested in completing his Penny sets.
I’ll gladly help and count any coins (pennys) etc. you might have and give you cash at face value. Please don’t use the COIN STARs at PUBLIX as they charge a fee for dumping coins in their machines. My kids love to hunt for the dates to complete sets. I buy the blank folders and they enjoy filling the spaces.
Hoping you understand and thanking you in advance.
My email is, huntnfsh@aol.com
Best regards
Jim


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