Short Changed.

Pending on how worn coins are, occationally I've found more than there was supposed to be. Not sure if wear has anything to do with it but it appears there have been more situations with more than less. Naturally everyone reports it when they get to many.

I can understand that, several well worn dimes could add up to an extra coin.But these dimes were mostly 80's 90's and 20's in good shape.2 missing in one roll,something wrong.

I'm taking those rolls in tomorrow ,I'm not going to say anything about being shorted ,but if it happens again I will.We been dealing with this same bank for over 30 yrs.I'm sure they didnt mean it and 20 cents isn't going to kill anyone.

Now imagine if a bank shorted a few coins from a few rolls a day purposely. A few dimes here, a few nickels there, etc. Ever notice at a store when they break open a new roll of coins for their registers. They never count them. So if a roll here ane there was short, at the end of the day only a few coins would be short and probably not noticed or ignored. Now the bank that does this would be making many dollars a day on the side. At the end of the year it would possibly add up to a few thousand dollars.

I honestly do not believe banks purposely short coins in their rolls. Mistakes happen. I've had rolls had one or two extra (usually customer-wrapped), have had penny rolls contain dimes in them (it's happened twice in the last two months).

Now if you ask whether banks are ripping you off when it comes to interest rates, now you might have an argument. Record profits at banks last year because loan interest rates climbed but savings interest stayed nearly flat. I got 0.9% interest in my checking, and GULP! 0.1% interest in my SAVINGS. That is crazy. The spread between loan rates and savings interest rates has widened to historic margins.

I recently took in about 20 rolls of coins to my credit union, and then, several days later, received a letter from them saying my rolls were about $7 short. I had just bought a cheap little coin Counter from Walmart, and I expect that's where the trouble was. Or maybe, somebody at the bank just can't count.

Well after reading this thread it must of jinxed me. The $80 in nickles I got from the bank was short. At least 3 - 4 rolls in each bundle was short a nickle or two. I informed the bank of this fact in case the teller remembered who brought the coins in. That and she is more aware to do more random checks. Purchased another $100 in nickles from there so will see how those go.

Today I got 3 rolls of nickles,they were all ok.2O rolls of pennies , 3 rolls were a penny short.They weren't wrapped by the bank ,they were rolls from customers.