Becoming Harder To Get Rolls - Coin Community Forum

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Author	Replies: 9 / Views: 1,679
Cdncoins Pillar of the Community Canada 999 Posts	Posted 05/24/2018 8:26 pm I bank with CIBC in Canada. I usually get rolls at a branch close to work, but it was a rainy Saturday, so I decided to go to the branch closest to my house. When I got there I was surprised to find out that it had been converted into a cashless branch. There are no tellers, just a couple of employees standing around to help people with online banking. Undeterred, I then drove to the second closest branch. It turned out they did the exact same conversion there too! I guess the bank is trying to cut costs. I'm not sure if anyone else has run into this. Report this Post to the Staff

shotgung Pillar of the Community United States 1101 Posts	Posted 05/24/2018 8:35 pm Many branches are getting away from the typical teller setting. Since many people are doing online banking and people coming and going inside the branches is declining, only makes sense from a business standpoint. Happening here in Detroit, MI area with different banks. Report this Post to the Staff
XavierOfGreen Pillar of the Community United States 2589 Posts	Posted 05/24/2018 9:13 pm Capital One bank converted their only branch near me to a cashless brach; I promptly emptied my accounts and dont use them anymore. Any bank that I can't withdraw several thousand dollars in cash out of in a pinch I have no desire to do business with. Report this Post to the Staff
spru Bedrock of the Community United States 12477 Posts	Posted 05/24/2018 11:36 pm What's the point in having a physical bank branch that does not deal with cash? In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024 Report this Post to the Staff
John77 Pillar of the Community United States 2910 Posts	Posted 05/25/2018 08:22 am Quote: Capital One bank converted their only branch near me to a cashless brach; I promptly emptied my accounts and dont use them anymore. Any bank that I can't withdraw several thousand dollars in cash out of in a pinch I have no desire to do business with. If any of my three banks ever do this, I'll definitely close my accounts with them. Of my three, Chase seems to be the one with the most leanings towards automation, having lots of automated machines in place of where tellers used to be. Also, some just close up the teller windows entirely, only opening them when customers need to get coin or do some other transaction which requires their use. Wells Fargo and U.S. Bank seem to be much less inclined towards automation than Chase. 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 188213 Posts	Posted 05/25/2018 09:24 am Quote: What's the point in having a physical bank branch that does not deal with cash? Yeah. They should just hang up a sign that says "We are not here, just use your smartphone" and then sublet the building to some other B&M business. 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
berto Pillar of the Community United States 840 Posts	Posted 05/25/2018 3:01 pm If my banks go "no-teller", then I will also take my business elsewhere. Report this Post to the Staff
jbuck Moderator United States 188213 Posts	Posted 05/25/2018 4:06 pm To be honest, since I no longer CRH I would probably survive without tellers. I rarely visit in person, maybe once a year and that is because I have to sign something in person. 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
fistfulladirt Pillar of the Community United States 4333 Posts	Posted 05/26/2018 04:07 am I dumped the greedy banks years ago. There are better options. When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72 Report this Post to the Staff
jbuck Moderator United States 188213 Posts	Posted 05/27/2018 12:29 am I cannot offer any complaints about my credit union. 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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