Frustration With My Bank - Page 2 - Coin Community Forum

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Author	Replies: 21 / Views: 3,847	Page: of 2

John1 Moderator United States 56855 Posts	Posted 05/24/2015 05:43 am Quote: Nothing for me to say this time. Hello, Ripley's believe it or not...you won't believe this John1 Report this Post to the Staff
bobby131313 Forum Dad United States 24234 Posts	Posted 05/24/2015 08:37 am Shop CCF Members on eBay. Report this Post to the Staff
Murphy Valued Member United States 381 Posts	Posted 05/25/2015 01:15 am I agree with most everyone here. If you are unhappy that your Bank is charging you to order coin then switch Banks. I have an agreement with one of my Banks. I take their customer wrapped coin off their hands and they order bank boxes or bags of Ikes for me. The Bank normally has to pay the Armored Service to pick up their coin. I save them the cost by taking it. I just take it to my Credit Union and deposit it in the coin machine. I don't even look at the Cents and I just edge search the Quarters and Dimes. I go through the Nickels with more detail. It's a great deal for both of us. Report this Post to the Staff
GoldRush New Member United States 36 Posts	Posted 05/25/2015 01:50 am OP, that sucks. I haven't had any issues with my two banks I order from. Over 2 years now, and I haven't been charged for a box of coins yet. I made it clear when I signed up at both banks I was going to want boxes and both said as long as I keep accounts at both, I will be good. But ironically, when I tried to order coins at my wife's credit union, they said no one can order coins, nit even members. Report this Post to the Staff
westcoin Pillar of the Community United States 9811 Posts	Posted 05/25/2015 03:02 am Banks on average make around 1/3 of their profit from fees they charge their customers. JP Morgan did $35 Billion in fees alone, from a report in 2012: http://www.npr.org/sections/money/2...-makes-money "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 Report this Post to the Staff
jbuck Moderator United States 196572 Posts	Posted 05/26/2015 09:45 am Quote: Hello, Ripley's believe it or not...you won't believe this These threads come up often enough for, so odds are I will see one before someone else beats me to the punch. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
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