Some community banks and credit union branches still have coin-counting machines. No, there is not a shortage of coins in the US. However, there is a circulation problem that’s causing people to run out of change.
If your bank has a coin-counting machine, it can save you a lot of time by not having to roll the coins. It will then count the coins and give a ticket.
Although many banks accept rolled coins, some of them charge a fee to their customers for them to deposit them. Wells Fargo and some other banks like Mastercard will exchange them for free.
Below is the list of banks that have free coin counters:
Access Federal Credit Union
Access Credit Union is an Ontario credit union that was formed through the consolidation of several smaller southern Manitoba credit union branches. It provides a full range of banking and financial services to its members.
Amegy Bank of Texas is a leading Texas bank with approximately 1,600 employees. It is a subsidiary of Zions Bancorporation.
Amegy has been an excellent bank for many years. Over the last couple of years, it has deteriorated to being a poor bank. They provide a variety of financial services to individuals and businesses in 11 Western states.
Amegy Bank’s coin counters are located in all Amegy Bank branches. They accept coins for cash. No need to go to the local grocery store to do it.
American Heritage Federal Credit Union
American Heritage Federal Credit Union is the 97th biggest credit union in the country. American Heritage Federal is headquartered in Dallas, Texas. American Heritage Credit Union offers a coin counters machine to its members.
Eastern Bank is a private commercial bank in Bangladesh. It was established in 1992. With more than 110 locations in New Hampshire and Massachusetts, they have the expertise and resources to provide comprehensive financial solutions.
Account holders of Eastern Bank do not have to pay for the coin machine service. However, for non-account holders, there is a 5% fee.
Fifth Third Bank
Fifth Third Bank is a Cincinnati, Ohio-based bank. It is the parent company of Fifth Third Bancorp. They have a strong network and good rates on checking and savings accounts.
Fifth Third Bank, which is based in Cincinnati, operates more than 1,100 branch offices and over 2,400 ATMs in 10 states.
Site-based coin counting is available at Fifth Third. It is free for customers. TCF does the counting for free for non-members.
With over 5,600 locations nationwide, First Community Credit Unions are different from other financial organizations. They only require two forms of IDs to access their accounts.
They have coin counters free for members. There is a 15% charge for non-members.
First Financial Northwest Bank
First Financial Bank is a locally-owned bank that has been serving the financial needs of individuals and businesses in the area since 1946. They are committed to providing the best possible service and products to meet the needs of their customers.
Hancock County Savings Bank
Hancock County Savings Bank has been serving the community since 1899. It was chartered as a state-chartered bank on December 31, 1899.
Hancock County Savings Bank has a coin machine that lets you count all of the changes in your account that have been happening for months or years.
Idaho Central Credit Union
Idaho Central Credit Union is a private, state-chartered credit union headquartered in Chubbuck, Idaho. Idaho Central Credit Union is a part of the CO-OP ATM Network. This means that even though you pay for an ATM, you can still use it at any of the 30,000 participating ATMs.
JBT Corporation is a leading producer of food processing equipment and airport equipment. The company’s Airport Equipment Division offers a variety of ground support equipment for the airport.
Self-serve coin counting machines are available at every JBT branch.
Metuchen Savings Bank and Manasquan Bank will continue to operate as separate, but wholly-owned, subsidiary banks of MB Bancorp, Inc., until they merge.
Manasquan Bank does have coin machines. Bring that loose change into any of the Manasquan branches and turn them into dollars at no fee.
Mission Federal Credit Union
Mission Federal Credit Union is a locally owned financial institution with branch locations in San Diego and Imperial Beach. Mission Coin Counters are located at most of their branches.
NASA Federal Credit Union
NASA Federal Credit Union was established in 1949. It has approximately 3 billion in assets and is headquartered in Maryland. They have coin counters and it’s available for members only.
They are a full-service credit union that offers a variety of financial products and services. NASA is a US government agency that carries out scientific and technical activities related to space. The Space Age began in 1957 following the launch of the Sputnik satellite.
OceanFirst Bank, N.A. is a subsidiary of OceanFirst Financial Corp., which is a US financial services holding company. It provides various banking services in New Jersey and Pennsylvania.
OceanFirst Bank is a solid choice for savings. It has a fair savings rate and is a good bank for people with low balances. OceanFirst Bank is accelerating its transition to digital banking as it continues to expand in the Northeast. The company plans to close about 20 branches in the region.
Coinstar is a self-service coin terminal that’s located at all OceanFirst Bank branches. It’s easy to use and accepts all types of coins.
People’s United Bank
People’s United Bank is a bank holding company with branch offices in New England and they offer free coin counters.
Forbes Magazine has named Peoples Bank as one of the Best-In-State Banks in 2 states. Although it doesn’t have the best interest rates, People’s United has plenty of advantages over other accounts. One of these is its free monthly service fees.
Republic Bank & Trust is a community bank founded in 1982 in Louisville, Kentucky. With total assets of over $4 billion, it has grown into the state’s largest bank. They are a bank with operations in Trinidad and Tobago. It has branches in various Caribbean countries.
Salem Five is a mutual savings bank that was established in 1855. It offers a variety of financial services such as checking, savings, and loan products.
The Salem Five is a full-service bank with a variety of features and services such as coin counters in the heart of downtown Danvers.
Tinker Federal Credit Union
Tinker Federal Credit Union is a credit union that has been in business for over 70 years located in Oklahoma. It is the 50th largest credit union organization in the country.
TFCU members can count their loose change without having to carry it in their mouths. With self-service coin counting machines, members can do it all at home.
University of Michigan Credit Union
The University of Michigan’s credit union is a non-profit organization with over $1 billion in assets.
Although DFCU Financial’s community charter states that its membership is open to everyone, many people have various conditions that make it difficult to determine who is a member.
Use coin-counting machines to calculate the number of funds you have in coins and exchange them for paper currency.
Valley National Bank
Valley National Bancorp is a regional bank holding company based in New Jersey that has approximately $42 billion in assets.
Valley is a full-service bank with over 200 locations in New York, Florida, and Alabama. With total assets of $41 billion, they are regarded as one of the most trusted banks in the industry.
With their coin counting machines, you can easily convert loose change into cash. It’s a great way to teach kids how to save and spend it.
Benjamin is a certified financial advisor, with over 10 years of experience in the industry. He is knowledgeable about various business and financial topics, such as retirement planning and investment management. Ben has been recognized for his work in the financial planning industry. He has also been featured in various publications.