Bofa Not Taking Any Rolled Coin As Of Today Without Holding It... - Page 2

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Author	Replies: 21 / Views: 4,390	Page: of 2

n9jig Pillar of the Community United States 998 Posts	Posted 03/06/2017 7:01 pm We are well on our way to being a coinless society. Soon the whole idea of coin counters and rolling coins will be obsolete or as rare as a coin phone. My guess is that within 10 to 15 years coins will be discontinued and paper money not too far after that. Much sooner than that I would not be surprised to see CoinStars popping up in banks as the only way to turn in coin in quantities larger than a few dollars. Maybe they put them in the public lobby like ATM's. Perhaps if you have an account the fees are waived or less than than the 9.9% they take now and the remainder is deposited into your account. Non-account holders would have to cash the receipt in during business hours, subject to the regular CoinStar fees. Report this Post to the Staff
garys64wildcat Pillar of the Community United States 593 Posts	Posted 03/07/2017 4:00 pm I have 4 accounts with B of Am and Dont have a problem. Except I have to roll the coins. They give me rolls also especially when they get get Unc rolls. or most if they have them in stock. I got several rolls of Presidential dollars and State or ATBs quarters. I think it is the Branch Mgr or to busy to mess with that causes any problem. My credit union is very nice and they have a counter that saves me rolling and they give me new unc rolls if they have any. I think that some problem that I live in a small town of 14,000 people and they give me rolls also if available Report this Post to the Staff
John77 Pillar of the Community United States 2917 Posts	Posted 03/09/2017 4:19 pm Quote: We are well on our way to being a coinless society. Soon the whole idea of coin counters and rolling coins will be obsolete or as rare as a coin phone. My guess is that within 10 to 15 years coins will be discontinued and paper money not too far after that. Much sooner than that I would not be surprised to see CoinStars popping up in banks as the only way to turn in coin in quantities larger than a few dollars. Maybe they put them in the public lobby like ATM's. Perhaps if you have an account the fees are waived or less than than the 9.9% they take now and the remainder is deposited into your account. Non-account holders would have to cash the receipt in during business hours, subject to the regular CoinStar fees. Saw many of these kinds of posts about being a "coinless" society way back 20-25 years ago. The more we resist it, the less likely it is to happen. And from what I understand CoinStar considers themselves to be a "competitor" with the banks, so I don't expect to see them in banks anytime soon. CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets! Report this Post to the Staff
jbuck Moderator United States 189340 Posts	Posted 03/09/2017 5:22 pm Quote: And from what I understand CoinStar considers themselves to be a "competitor" with the banks, so I don't expect to see them in banks anytime soon. If the price is right, they will do it. However, given that we are talking about how the banks are cutting services to save on costs, I doubt the price would ever be right. 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
jbuck Moderator United States 189340 Posts	Posted 03/09/2017 5:28 pm Quote: Saw many of these kinds of posts about being a "coinless" society way back 20-25 years ago. The more we resist it, the less likely it is to happen. 20-25 years ago we did not have the technology we have today. Every other month I am adding a place where I pay by phone instead of cash or plastic. It may not appeal to you, but "all the kids are doing it." I said in other threads that it may never happen with us. It may not even happen to the millennials, but I honestly believe their kids have a real shot at maturing in a post-cash society. We do not have to like it. Heck, we will probably be dead or in assisted living by then anyway. 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
grime5 Pillar of the Community United States 811 Posts	Posted 03/10/2017 9:33 pm there is a bank on my route ive stopped in that has a coinstar in the lobby Report this Post to the Staff
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