livinginthe80z Posted January 31, 2019 Share Posted January 31, 2019 Banks that take quarters unrolled. Which ones do it? Link to comment Share on other sites More sharing options...
Bulk32 Posted January 31, 2019 Share Posted January 31, 2019 depends on the quantity. If you are doing $1k bags most of the big banks and credit unions will take them. If you are talking less than a couple hundred I have no idea. Link to comment Share on other sites More sharing options...
AMD Snacks Posted January 31, 2019 Share Posted January 31, 2019 Chase will take unrolled quarters in their money bags in $500 and $1000 increments if you have a business checking account with them. Link to comment Share on other sites More sharing options...
AZVendor Posted February 1, 2019 Share Posted February 1, 2019 2 hours ago, livinginthe80z said: Banks that take quarters unrolled. Which ones do it? Apparently you haven't called any to ask or dropped in to ask. Each area's bank is different. Do the legwork. 1 Link to comment Share on other sites More sharing options...
livinginthe80z Posted February 1, 2019 Author Share Posted February 1, 2019 I called regions corporate number and they transferred me to 3 different branches in my area and either said no or that they only will ship a bag of change in to their vault at a fee of 5$ per bag. And it takes a week to process it to get credit. Wells Fargo just straight up said no. I explained I had a vending company so I guess that didn’t matter. Went to a credit union and they told me they only took it rolled. I just thought that instead of chasing down more places maybe someone on here knew of a bank that does it. Save me some time. I did some leg work though. That’s 5 places so far. Link to comment Share on other sites More sharing options...
livinginthe80z Posted February 1, 2019 Author Share Posted February 1, 2019 Ok I guess I need to get a lot bigger to get 500-1000 worth lol. I’m not stopping I’m gonna make it there. Thank you all for the information Link to comment Share on other sites More sharing options...
gumball guy Posted February 1, 2019 Share Posted February 1, 2019 9 hours ago, livinginthe80z said: I called regions corporate number and they transferred me to 3 different branches in my area and either said no or that they only will ship a bag of change in to their vault at a fee of 5$ per bag. And it takes a week to process it to get credit. Wells Fargo just straight up said no. I explained I had a vending company so I guess that didn’t matter. Went to a credit union and they told me they only took it rolled. I just thought that instead of chasing down more places maybe someone on here knew of a bank that does it. Save me some time. I did some leg work though. That’s 5 places so far. I wouldn't spend a ton of effort looking for banks that process large amounts of coin until it really becomes a necessity for you. Keep things cheap and simple. If you already have a bank for personal checking see if they offer free business checking (no minimum balance requirement as well) and open an account there. Make sure they accept rolled coin (I haven't heard of one yet that won't accept rolled coin from account holders) and just roll your coins for now. Put the bulk of your efforts into getting equipment out on the street because if that doesn't happen there will be no need anything else. Link to comment Share on other sites More sharing options...
Mehehe Posted February 1, 2019 Share Posted February 1, 2019 (edited) 33 minutes ago, gumball guy said: I haven't heard of one yet that won't accept rolled coin from account holders I have seen comments similar to this on here quite often. All banks around me refuse to take rolled coins. After talking to over a dozen locations I stopped trying. Just find one with a coin counter, if you have a business account they shouldn't care about volume. Once you get big enough talk to them about sealed bags. In the mean time, listen to Gumball Guy and worry about getting locations. Edited February 1, 2019 by Mehehe Link to comment Share on other sites More sharing options...
livinginthe80z Posted February 1, 2019 Author Share Posted February 1, 2019 Yes definitely solid advice thank you. I got 9 machines out so far. I’m just trying to feel this business out. Thank you all for the advice Link to comment Share on other sites More sharing options...
DirtyHank Posted February 1, 2019 Share Posted February 1, 2019 Woodforest Bank takes rolled. They also take bags of $1000 loose. Link to comment Share on other sites More sharing options...
techguruz Posted May 20, 2019 Share Posted May 20, 2019 Lots of Walmarts have coin counter near the customer service desk. I don't know if they have any conditions on using them. Link to comment Share on other sites More sharing options...
AMD Snacks Posted May 20, 2019 Share Posted May 20, 2019 As an update, My local chase explained that they also accept a bag of change under $500 you just have to fill out the bag differently. I'm not sure how low you can go, but you definitely need a business account, and it's not too hard to set one up. Also it all has to be the same kind of coin, no mixing dimes with quarters or anything. Link to comment Share on other sites More sharing options...
FlyGuy Posted May 21, 2019 Share Posted May 21, 2019 (edited) TCF Bank has a free change counter (CoinStar type) for account holders. Probably not at all locations, but worth checking into... https://www.tcfbank.com/personal/prepaid-and-cash-services/coin-counting Edited May 21, 2019 by FlyGuy Link to comment Share on other sites More sharing options...
Kevinator Posted May 27, 2019 Share Posted May 27, 2019 80z, Do you live in Mobile? If so, Compass Bank will give you plastic bags that you fill your information out on it with a Sharpie. Of course you have to have a account with Compass 1 Link to comment Share on other sites More sharing options...
livinginthe80z Posted May 29, 2019 Author Share Posted May 29, 2019 On 5/27/2019 at 8:47 AM, Kevinator said: 80z, Do you live in Mobile? If so, Compass Bank will give you plastic bags that you fill your information out on it with a Sharpie. Of course you have to have a account with Compass Yes I do. And thank you this is awesome 😎 Link to comment Share on other sites More sharing options...
ffd95 Posted December 9, 2019 Share Posted December 9, 2019 Check local credit unions. Mine has a machine you can dump loose coin into. It sorts and counts it, gives you a coucher, then take it to a teller. No fees. I take mine in in $400 amounts. Hope this helps Link to comment Share on other sites More sharing options...
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