Bags going to chase not the fed

[knibloe]

I have the luxury of gettign bags of halves when I want to sort. I haven't done much of it lately, but I picked up two bags last week. In the past the bags would be picked up from the bank and taken by Loomis to the FED.

These two bags said "to Chase via Loomis." I don't know that it means anything, but found it interesting. Is it possible that this small town bank is being swallowed up by Chase, but keeping their local name?

[henrysmedford]

I buy $50 bags of Shotgun rolls of cents from Umpqua bank http://www.umpquabank.com/ and the tellers have told me that they by all rolled coin from Wells Fargo and sell there coin from the counters back to Wells Fargo and have them roll it. They said it cost them less to do it that way.

[highroller4321]

Simply could be a reused bag.

[Kurr]

I have encountered the same thing on bags from Centra Credit Union, formerly Cummins Credit Union.

Remeber Chase is a HUGE fish, WHALE in the financial/currency markets.

[thedude]

I bet your small town bank receives it's coin from Chase.

[knibloe]

Doubt that it was a reused bag. There is no indication of it.

As long as the continue to sell to me when I want them I don't care where they ship the excess.

[Crescendo]

I have the luxury of gettign bags of halves when I want to sort. I haven't done much of it lately, but I picked up two bags last week. In the past the bags would be picked up from the bank and taken by Loomis to the FED.

These two bags said "to Chase via Loomis." I don't know that it means anything, but found it interesting. Is it possible that this small town bank is being swallowed up by Chase, but keeping their local name?

just means it was part of chase's inventory in a loomis vault

[knibloe]

I forgot to mention that the bags were about 45% copper