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To: Valpal1
"This was a problem around here while the banks had their lobbies closed and were drive through only because nobody could bring in their coins and they weren’t accepting them in the drive through. Then they realized the stupid and changed their policies and the coin shortage was over. We usually empty our pocket change into a coffee can and haul it in every few months, but it was about 9 months of stupid and we had quite a backlog built up. Had the same issue with bottle/can returns also."

Banks get their coins through deliveries from the local federal reserve banks. Order some coins from your bank and they will come in cardboard boxes just as the come from the fed reserve.

68 posted on 07/15/2021 12:42:05 PM PDT by precisionshootist
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To: precisionshootist

I’m sure big city banks do, but out here tiny town fly over country, I’ve seen the put the rolls from the counting machine into their cash drawers.

This may be why big city banks charge counting fees, because they are paying shipping on unrolled coins to the fed and on rolled coins back from the fed.

Tiny town banks aren’t that dumb. I only bank at credit unions and small locally owned banks because they still seem to have common sense.


72 posted on 07/15/2021 12:51:35 PM PDT by Valpal1
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