Dump Bank Fees

Believe it or not, banks are in business to make money for their stockholders.

Once upon a time, they covered costs by paying 5% passbook interest and loaning money out at 6% or more. That covered all the costs, fancy offices, toasters, etc. No longer. So if something costs them money, they charge fees. Customers who spend money at the bank (e.g. commercial clients) get preference.

If EVERYBODY starts refusing to accept coins or charging fees, guess what? You pay or give up your hobby. You actually have no g*d given or constitutional right to buy boxes of coins or dump them for free.

When I go through a roll, I automatically put my "Over-Burden" into a roll, and when its full I put it aside and make neat bundles of 10 rolls using elastic bands. it makes it easier for the teller and myself to count up.

I would just fill the roll back up to where it had been bent at the top, however I had one teller open a few rolls, and noticed they were short. Ever since then I count then fill up the roll.

My main rule of thumb is to make the tellers job as easy as possible, and be as polite as possible.

QUOTE ace_ftw

i just fill the roll back up to where it had been bent at the top.however I had one teller open a few rolls and noticed they were short

thats why I us this thing..


it has a notch at fifty...keeps me out of hot water..and is quick

No way I could deal wit dat - time to find a new bank!

My routine is to sit down with $1,000 in dimes, search and re roll in just a hair over 2 hours.

Fistfull, that's an insane speed, unless all you're looking for is silver. Impressive.


I worked at a credit union, so profit doesn't go toward stock holders since there are none and it is owned by the members. It is actually a non profit. Anyways, the reason we had a 10% fee for people w/o accounts is to make money. We charged business accounts (vending machines for example) 15%. We took rolls at face. Members would be charged a 5% fee. This isn't to make money, well it is but it is to generate some income from a machine that takes constant maintenance and other operating costs in the bank. They're not trying to rip you off, just pay for the machine/it's maintenance. Trust me there is a lot that goes wrong with them.

I myself would never exchange coin for under face. I also worked there and never get charged a fee. There are other ways to get out of fees depending on your standing with the credit union too.

my local Walmart have self-serve check out lanes where you can probably dump as many coins as you need without the charge up to the check out total...its probably not as fast as a coin counter but whatever... hey its a free service...they even take halves too