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 Replies: 34 / Views: 6,634 |
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New Member
United States
21 Posts |
Freddy I am totally stealing your idea about making deposits to savings with coin :)
jrok, I feel you there on the B teller situation. When I first got asked "what do you need these for?", I was kind of caught off guard, so I stupidly spat out, "Um its for my business." Then I got the line about it costing the bank money, which of course I understand, but come on. I'm willing to wheel and deal here lady. You scratch my back, I scratch yours, everyone goes home happy.
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Moderator
 United States
189222 Posts |
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CU's are "member services"-driven organizations and they just arbitrarily discontinued what's been one of the provided member services I have been a CU member for almost thirty years now. I have a lot of friends and family in this CU, some who have served on the board of directors, so I had the opportunity to see what goes on behind the scenes. So, if you do not like how your CU is being run, perhaps you should volunteer to serve on the board or at least contact a board member to express concern that they are not serving your needs. I hope the answers you get will open your eyes a bit. You will see that a CU serves the members at large, not just you. Quote:
At this point, offering to pay for boxes would be like offering to pay for the privilege of using their parking lot (another member service that's been provided free of cost so far and which is also provided without charge by all their commercial competitors). Not in this life... Stubborn inflexibility will only hasten the death of your CRH activities. At this point I will assume that I am talking to a brick wall. |
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Pillar of the Community
 United States
1200 Posts |
No--you're not talking to a brick wall, but I think you overrate the extent of the operational stress and expense I've placed on my CU.
I got about 50 boxes of coins from them last year, before I had a major surgery last fall that physically disabled me for several months. I'm just now getting
back to some semblance of "normal" and I haven't gotten even one single box of coins from the CU or even asked them for the time of day since last October,
so I just don't understand your continuing focus on what an expense I am to them.
"Stubborn inflexibility" may or may not hasten the death of my now ten month-dormant former CRH activity, but since CRH is something I haven't done for
almost a year, I doubt that whatever "stubborn inflexibility" I may or may not be possessed of has been a major factor for some time.
I'm fully aware that I'm not the sole customer of my CU.
Please consider whatever apologies you feel you're due for the fact that I don't see eye to eye with you as having been extended, but please don't go calling me
names like "brick wall" simply because I don't agree with you.
On that note and since this exchange is obviously going nowhere that's worth going, I'm now done with this thread and I yield the turf to you to get in whatever
last word pleases you the most. Have a happy day.
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Moderator
United States
189222 Posts |
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No--you're not talking to a brick wall, but I think you overrate the extent of the operational stress and expense I've placed on my CU... so I just don't understand your continuing focus on what an expense I am to them. Ah, maybe this is the problem and I should have been clear that I am not blaming you in particular, but CRH in general. Do you think the change was because of your activity? (Not meaning that to be condescending). That is, you said you got fifty boxes last year. Do you think they felt it was a burden? I suspect that the change was because you were not the only one ordering boxes (I could be wrong). Or maybe their carrier fees increased to the point where they could no longer absorb the cost for consumer accounts (again, I could be wrong). The only way to know for sure is to ask someone who would know. I find that my CU is willing to answer why, but usually only when asked. Quote:
Please consider whatever apologies you feel you're due for the fact that I don't see eye to eye with you as having been extended, but please don't go calling me names like "brick wall" simply because I don't agree with you. No, I owe you the apology. The brick wall comment was made under incorrect assumptions. I do appreciate you clarifying your position. I will add that is may also be wrong of me to compare my credit union (which I love) to yours (which may be putting only certain members first). They are still run by people, and people have agendas. |
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Pillar of the Community
United States
860 Posts |
I'm not having any problem in my town. I get boxes and return them to two banks which I have accounts at. They are both helpful as they know my son and I are coin collectors.
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Valued Member
United States
217 Posts |
My CU shut me down years ago as well. They did offer me the chance to buy boxes at a 5 dollar charge, the amount that they had to pay per box supposedly. I did as one of the other posters did, made it my dump bank and found a bank that was willing to get boxes at no charge. The one thing that I will say is be up front if you do go looking for a new bank. When I was opening the account I made it clear to the manager setting it up that I wanted to get a box or two a week or two and that I wanted to make sure it was without any sort of fee and she said it was fine and had other people who did the same thing so she knew what was going on.
And that is sad that it is shutting down CRH in Canada. I hear rumors all the time of banks or the fed or the box suppliers pulling silver out circulation, but it is usually after the person has had a few skunk boxes XD
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Valued Member
United States
75 Posts |
With the exception of one grumpy teller I have been welcomed with open arms at all branches of both banks and the credit union I frequent. I've had multiple tellers recently offer to keep their eyes open/make a note to save any old or odd coins for me. I have never been questioned about why I need rolls of change or hassled when I bring huntef rolls back.
Hopefully you get some better luck with your next financial institution of choice. :)
A question that comes to mind is why would they ask what you need change for? That is what they are in the business of providing right?
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Moderator
United States
189222 Posts |
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That is what they are in the business of providing right? No, they are in business to make money, which distributing coin seldom does. If they make money off of you in other ways, they may do it as a perk. However, handling coins is not cheap, so if they have decided it is not worth their time, they will either start assessing fees or stop doing it. It is what it is. CRH is an endangered hobby.  |
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Valued Member
United States
65 Posts |
I work at a credit union and we charge 10 cents a roll for coins. They also wont sell the bags of the coin counter. The atmosphere is very bank like fees for everything!
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Valued Member
United States
154 Posts |
I've only ever gotten a box once, I usually only get a few rolls at a time because I don't have a car and coins get heavy fast, so I'm not in the same league as you all, but the bank near me that I don't even have an account with is always very accommodating. In fact, today, I asked for some dollar coins, and the teller gave me just the Presidential dollar ones. She opened a roll and went through them all to pick them out. Just wanted to add a counterpoint to all the terrible stories in this thread, especially Canada. What a waste. |
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Valued Member
United States
449 Posts |
I feel that the fate of coin roll hunting is linked to the coin itself. obviously if the cent and the nickel go away, which eventually they will right? then it will become endangered but I don't think it is now, yes it is harder sometimes to aquire your coin at certain banks, but we adapt and find alternatives. as more time goes on there will be more banks if anything, not less. As years go on the silver and wheats will start disappearing, but collectors will find something else to look for.
I just wish some of the people in CCF wouldn't demand so much coin from banks that they go to. Greed has overtaken them and are ruining it for the rest of us!
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Pillar of the Community
 United States
1949 Posts |
When I was in my teens, about 10 years ago, CRH was how I built my U.S. collection... At some point, though, they decided they would only give out rolled coins to business customers... That was a pretty big let down for a 17 year old who was only getting $20 worth of pennies and some half dollars every couple of weeks... Now, even though I have a business account and make withdrawals weekly for payroll, I was taken aback the one time I asked for $20 worth of pennies and was asked why by the teller...
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Pillar of the Community
United States
4333 Posts |
I could easily double my roll hunting amount, (to $100k a year) and they wouldn't even flinch. Considered small potatoes in certain circles...it's all about the relationship you build with your bankers.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Pillar of the Community
United States
8137 Posts |
It's the sad truth, but CRH is dying. It doesn't hurt me though because the less people doing it, the more chances of getting something worth keeping. Also the recent drop in the price of silver might have had something to do with it as well.
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Valued Member
United States
315 Posts |
Nobody mentioned that maybe there's nothing left to find? I usually cruise through silver sellers, and it seems like there's millions of junk silver for sale already. Every seller I know locally sells junk. I've kept an eye on quarters for over two years now, and I've found zero silver and even then only around 6 bicentennials. In the past month, I've done about $500 face and the only thing I've got to show for it are 1 merc, 1 proof dime, 8 rolls of copper, and maybe 20 wheats.
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Replies: 34 / Views: 6,634 |
First Page
Posted 08/19/2013 11:06 am
