Several banks offer coin-counting machines, although policies regarding their usage and fees vary by institution and whether you are a customer.
Banks with coin counters (may be free for customers, may charge a fee for non-customers)
- Credit Unions: Many credit unions offer free coin-counting for members and may offer it at a lower fee than alternatives like Coinstar for non-members . Examples include Mission Fed Credit Union, State Employees’ Credit Union (using Coinstar machines), Suncoast Credit Union, American Eagle Federal Credit Union, Penn East Federal Credit Union , and Westerra Credit Union.
- Local Community Banks: These banks are also more likely to have coin-counting machines than larger national banks. Examples include JBT (Jonestown Bank & Trust Co.), Manasquan Bank, Home State Bank, First County Bank , Shelby Savings Bank, Cape Bank, Hancock County Savings Bank , and [Hyperion Bank].
- Other banks: While major banks like Chase, Bank of America, Citibank, Capital One, and TD Bank don’t typically have self-service coin counting machines for customers anymore, some individual branches of other banks might still offer them. It’s always best to call ahead to your local branch to confirm their services.
Banks that formerly had coin counters, but may not anymore
- PNC Bank used to offer coin counters but removed them due to accuracy concerns.
- TD Bank had “Penny Arcade” machines but may no longer have free coin counters available to customers, [according to MyBankTracker].
- Coinstar kiosks: These are available at many supermarkets and offer the option to receive cash (minus a fee), a gift card, or make a charitable donation.
- Manual coin rolling: Banks provide free coin wrappers, and you can deposit rolled coins over the counter at most banks. Some banks may have deposit limits or charge fees for non-customers.
- Self-checkout kiosks: Some shops with self-checkout machines with a coin funnel may allow you to pay for purchases with your change, [says MoneySavingExpert].
Important note: It’s always advisable to contact your local bank or credit union branch directly to confirm their specific policies regarding coin-counting machines and associated fees.
Where is there a free coin machine?
Your local bank branch is a good place to exchange coins. The branch will typically give you coin wrappers for free. Credit unions or community banks are more likely to have free coin-counting machines for members.
Where is the best place to turn coins into cash?
Your bank is the best place to cash coins because you cannot walk into ANY bank with a bag of coins and ask them to change it into paper currency. Banks also accept not a lot of coins on the counter. In USA generally a few coins that you can hold in your fist is the norm though some may make exception.