Dump banks...how often and how much

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Dump banks...how often and how much

Postby inflationhawk » Mon Mar 14, 2011 9:36 pm

I'm curious to hear from other active penny sorters...how often do you visit the same dump bank branch and how much do you dump in one visit? I am interested in hearing about those that use a coin sorting machine like the penny arcade at TD Bank. I have been going 3 times a week and dumping 30 to 40 dollars of only pennies each time.
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Re: Dump banks...how often and how much

Postby shinnosuke » Mon Mar 14, 2011 9:47 pm

I dump almost every weekday at my credit union and occasionally on Saturday...but I'm still new at this. Some days it's just $50 to $75 in pennies along with a few dimes/quarters that I picked up in change. On the days following my halves pick-ups, I leave $1000 in halves plus some pennies. The bank associates have never complained, but some are curious. If I travel to another area of town I will try to dump some at another branch, but haven't felt like that was necessary so far.
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Re: Dump banks...how often and how much

Postby slickeast » Mon Mar 14, 2011 10:08 pm

Once or twice a week. The CU limits me to $300 a day per location. They don't care if I come every day. There are 3 branches that have machines. So I can dump $900 a day. They are building a new one that is in the route I am already taking. Looking forward to adding it to the line up. I use another bank to dump halves. Usually split it into 2 visits.

If you go too often and dump too much you might get cut off. Dumped $5000 in one wk once. Got called into the office and got cut off.
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Re: Dump banks...how often and how much

Postby Morsecode » Mon Mar 14, 2011 10:22 pm

In a normal week I'll sort $200, leaving $140 to dump, so no matter how or where I do it, it's not much of an issue. The most I've ever taken to one branch is around $100, but usually $50.

When I have more productive weeks I still adhere pretty much to those daily max limits.
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Re: Dump banks...how often and how much

Postby OtusLotus » Mon Mar 14, 2011 10:33 pm

Screw that! I don't care how much I bring to my TD bank...and neither do they!

TD is great for that... I just usually don't go to the bank when it is super busy, usually around closing time.. that way there isn't usually a line and if I fill up a bag, there is plenty of people to help me!
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