That can add up to a pretty penny for people collecting pocket change and spare coins from daily cash transactions in a dedicated piggy bank. National banks have largely phased out their coin-counting services in recent years, but a few individual branches still offer the service to account holders. Some tellers may still run your unrolled coins through a machine, which you can then deposit into your account. For best results, though, look local.
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Transaction denied: Chase banks won't count change - Chicago Tribune
Highland Park resident Margo Gordon, a Chase customer, gave no quarter in her disappointment with the news. The least they can do is offer this service to their loyal customers. But don't toss your piggy banks or empty cookie jars yet. Chase branches will still deposit coins, but they they must be in wrappers for individuals or in tamper-evident coin bags for businesses , according to Christine Holevas, a spokeswoman for JPMorgan Chase.
Coin Counting Machines Still Exist: Which Banks Have Them?
So instead of keeping them in our pocket, wallet or purse, most of us have a stash of coins somewhere in our home. It could be a change jar, a drawer, or even a pile of the jingly, jangly stuff sitting on a window sill. All those dimes and nickels would probably be a lot more useful in your checking or savings account, but there are some things you need to know before you trot off to the bank.
Chase bank branches will no longer offer coin-counting services to customers as of July 1. Chase has coin-counting machines in many Midwest branches. A Chase spokeswoman confirmed Tuesday that the equipment will be removed. The bank will still accept coins, but they must be in wrappers. Business customers will have to use tamper-proof coin bags.