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 Replies: 30 / Views: 4,063 |
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Valued Member
United States
187 Posts |
No sales tax is very nice,but property taxes are very high,and while there is no sales tax,we do get hit with many "fees",which are nothing but taxes in disguise.
Only playing devils advocate on the penny debate.I do feel it is a banks job to supply "legal tender" to all who request it,......while I do agree some people push it beyond the limits.
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Pillar of the Community
Canada
3167 Posts |
Fair enough. As long as you aren't abusing it, then they should supply you with a reasonable amount. A box a day though, for example, for a small bank could be considered abuse. (Jeez, now I'm talking about it like its a drug or something. Mind you, joecoin95 did say it is addicting  ) |
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Moderator
 United States
190135 Posts |
Banks are not required to do anything. Period.
As Scubu said, they are a business and can refuse to do anything and refuse to serve anyone they want.
If you do not like it, find another one. However, do not be surprised if that task proves impossible.
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Valued Member
 United States
325 Posts |
It's just sad to get dumped :-( I dunno maybe another bank will let me take out rolls. I sold my silver War Nickel already that I found in my last roll hunting expedition which was nice but now I'm out of supply! oy. |
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Valued Member
United States
325 Posts |
my coin roll hunting blues are continuing :-( can't wait to try more banks out. I know TDBank North has a 100 dollar minimum for an account. Does anyone use them here? I tried BOA and Chase but they charged a monthly fee if there wasn't a balance of like 1000 bucks or something. Singing the blues!
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Pillar of the Community
United States
4113 Posts |
TD Bank is now $250.00 minimum.
They raised it from $100.00 the end of April.
* I do not order coins from any TD Bank*
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Pillar of the Community
United States
622 Posts |
For the record, banks are required to do a lot of things. http://www.federalreserve.gov/banki...glisting.htmAs a federal bank, they are required to provide coin and currency for account holders. There is no limit. However, they have the option to charge you a fee (pending a policy) or close your account. I recognize banks are a business. If a CRHer is truly affecting their bottom line, management has a responsibility to take action to reconcile that issue. However, my experience with regional banks tells me some just don't like the concept of CRHing. They take overtly aggressive action that stretches beyond the banking regulations they agreed to operate under. OO Edited by Owassokie
05/22/2013 1:18 pm
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Valued Member
United States
329 Posts |
Once the Justice Dept said it was OK for them to launder drug money, they figure and rightfully so, that they can do whatever they want.
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Valued Member
United States
325 Posts |
OLwassokie, Yeah maybe regional banks have stricter policy since they are usually smaller businesses.
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Moderator
United States
190135 Posts |
Quote:
They take overtly aggressive action that stretches beyond the banking regulations they agreed to operate under. I see, it says right there in the regulations that banks must cater to every customer whim no matter how much it costs.  |
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Valued Member
United States
325 Posts |
I think I'm having withdraw symptoms from lack of CRH... Symptoms include, irritation, lack of sleep, and drowsiness.
Thanks for the replies guys. helps with the blues.
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New Member
United States
21 Posts |
It sucks hearing that this is possible. I guess I have good fortune on my side. I have four banks all within minutes of walking distance away from my house. The first time I went into all four banks and they gave me no hassle. I also have a regional bank where I found the first true excitement over crh. I do hope your luck improves. And I hope this will not be a possibility in the near future sometime.
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Valued Member
United States
71 Posts |
Did you ever show them your appreciation in any way? If I am making a lot of requests or asking for rolls, I usually always try to follow up with some chocolate candy or something, maybe the occasional lunch.
Once upon a time, a teller said, "hey, you collect coins right. I have a bunch of old quarters and dimes someone brought in. Do you want to take a look at them?" Ended up walking out with over $60 face of 90%. About a week later, I gave the teller $200 or $300 in a envelope and bought everyone lunch. Now, I get calls at home saying, "Someone is here and is asking about getting rid of...is it ok if I give them your number?" I have bought coins, sporting goods, and anything else you can think of.
If you haven't thought about it before, it may be worth a try.
Edited by Pittstate03
05/30/2013 02:16 am
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Valued Member
United States
325 Posts |
Thanks Pittstate03. Sounds like you get some great deals by doing that. I'll have to try it some time. I think in this case though that it was just the banks policy. they didn't even let one of their own coin collecting employees CRH which is sad. Maybe I was just in bad luck with Atlantic Stewardship Bank in NJ
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Pillar of the Community
United States
1704 Posts |
Cents are legal tender in amounts up to $5.00. Anyone, including banks and other businesses, has a right to refuse any amount in excess of $5.00 but, very few people outside of coin collectors knowledgeable of the law authorizing the striking of cents in 1792 know that tidbit of information. Ed ANA LM-3175 |
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Replies: 30 / Views: 4,063 |
First Page
Posted 05/19/2013 10:35 pm
