These self-service machines can be found in high-volume retailers, such as grocery stores. Fast, Not FreeĬoinstar machines count coins for a fee of 9.8% (11.9% in Canada). The bank employee hesitated but eventually decided to take the coins (the deliberation was slow but coin counting was fast). There seemed to be no definitive ruling about coin acceptance.

As treasurer of a non-profit group, I visited this branch frequently to make deposits. My deposit contained about $10 in loose change as well as hundreds of one-dollar bills (counted by a machine) and personal checks, carefully totaled beforehand. After a fund-raising event, I presented a deposit of over $2,000 at a major regional bank. Some banks will take small amounts of loose change at no charge, even if they do not offer coin counting services. Note that deposit totals may be adjusted if the bank's count differs from yours. *Generally there is no charge to deposit coins however Citibank charges a 5% fee to customers and non-customers in Illinois. For fun and convenience, buy a small coin-counting machine for home use. Rolling coins is time-consuming but a good option if you have no other alternatives. Get wrappers for free at most bank branches or buy them at a discount store. Some banks require you to roll your own coins and bring wrapped coins. Is there a coin-counting fee for customers? non-customers?.Do I operate the machine or do I bring coins to the teller window?.Do you have coin counting machines at your branches, and, if so, which ones?.Before lugging your coins to your favorite financial institution, ask these questions: Other banks have self-service machines that generate a receipt, which you present to a teller in order to receive cash or add to your bank balance. Community Savings Banks such as Salem Five and Piedmont Federal Savings BankĬertain banks will let you bring the coins to a teller, who processes them and then gives you currency or makes a deposit into your account.Credit Unions (another benefit of credit unions).Regional banks, such as Commerce Bank, Bank Atlantic, and PNC.

Do lot machine take coins