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Banks that accept loose coin in bags?

PostPosted: Thu Nov 03, 2011 10:42 am
by mtldealer
I am on the West Coast and can't seem to find anyone that accepts loose coin in bags? Does anyone have any suggestions? I read a post about the Coinstar dump with greendot card and think that might be my only option? I appreciate all the help anyone can offer.

Re: Banks that accept loose coin in bags?

PostPosted: Thu Nov 03, 2011 10:54 am
by highroller4321
What part of the West coast? PM me if you don't want to post.

Re: Banks that accept loose coin in bags?

PostPosted: Thu Nov 03, 2011 7:25 pm
by reddirtcoins
Try BoA

Re: Banks that accept loose coin in bags?

PostPosted: Thu Nov 03, 2011 9:42 pm
by TwoAndAHalfCents
mtldealer wrote:I am on the West Coast and can't seem to find anyone that accepts loose coin in bags? Does anyone have any suggestions? I read a post about the Coinstar dump with greendot card and think that might be my only option? I appreciate all the help anyone can offer.


I'm in So Cal and I have not yet found a bank where I can dump bags of loose pennies. They all want them rolled. CoinStar has been my only dumping option so far. I posted about the Green Dot pre-paid card option the other day even though I don't actually use it mayself. I thought it might be useful for others that find themselves without better options. I choose the grocery store gift card option with CoinStar and have run into a little string of luck where the machine has technical difficulties and pays out a cash voucher instead without any fee.

Like the other poster said, maybe we should give BofA a try. I haven't gone to them yet.

Re: Banks that accept loose coin in bags?

PostPosted: Fri Nov 04, 2011 12:53 am
by Greatwun
I've used BOA with those coin safe bags. Just drop the coins in, seal up the bag and fill out the label, turn in to teller.

Re: Banks that accept loose coin in bags?

PostPosted: Fri Nov 04, 2011 1:56 am
by HoardCopperByTheTon
I have used BofA to dump loose also. I generally precount my bags though.. since I have all those high speed counters. I believe WF also accepts loose coin.. not sure if it has to be precounted. I turn in bags of precounted halves there every week. I am in CA also.. so the banks are about the same up here as they are in southern CA. Not a lot of banks have lobby coin counting machines in CA. You might try local Credit Unions though.. some of them have machines. There are always other options.. you could buy a coin counting machine very reasonably.. or even splurge and get you own automatic rolling machine so you have nice rolled coin to turn in at all those banks. :mrgreen:

Re: Banks that accept loose coin in bags?

PostPosted: Fri Nov 04, 2011 2:28 pm
by mtldealer
HoardCopperByTheTon wrote:I have used BofA to dump loose also. I generally precount my bags though.. since I have all those high speed counters. I believe WF also accepts loose coin.. not sure if it has to be precounted. I turn in bags of precounted halves there every week. I am in CA also.. so the banks are about the same up here as they are in southern CA. Not a lot of banks have lobby coin counting machines in CA. You might try local Credit Unions though.. some of them have machines. There are always other options.. you could buy a coin counting machine very reasonably.. or even splurge and get you own automatic rolling machine so you have nice rolled coin to turn in at all those banks. :mrgreen:

Thanks for the idea's... I have a couple machines including a klopp crimper. I am just trying to set up a system that will be the least laborsome. I have a sc 22? it sorts all mixed coin and deposits them into shotgun rolls. I also have a hopper sorter that I use to count bags that i have already seperated from the sc22. I found a place that ships shotgun tubes for what amounts to .01 per tube, whether its penny or half dollar. I would be interested in walking into the local CVS and dumping $500 in pennies and walking out with a green point card :D

Thank You all, for your suggestions.

Re: Banks that accept loose coin in bags?

PostPosted: Sat Nov 05, 2011 1:35 am
by TwoAndAHalfCents
HoardCopperByTheTon wrote:I have used BofA to dump loose also. I generally precount my bags though.. since I have all those high speed counters. I believe WF also accepts loose coin.. not sure if it has to be precounted. I turn in bags of precounted halves there every week. I am in CA also.. so the banks are about the same up here as they are in southern CA. Not a lot of banks have lobby coin counting machines in CA. You might try local Credit Unions though.. some of them have machines. There are always other options.. you could buy a coin counting machine very reasonably.. or even splurge and get you own automatic rolling machine so you have nice rolled coin to turn in at all those banks. :mrgreen:


Thanks for the tip. I'll have to give BofA or WF a try. I've pretty much just been using Chase and they only take rolled coins (and they don't have boxes anymore for pickup - just rolled coins from their customers). My local credit union and the other two credit unions nearby that I am eligible to join all charge a fee for their coin counting otherwise I would use one of them.