TD Bank previously offered coin-counting machines known as “Penny Arcades” in their branches . However, TD Bank no longer provides coin-counting machines for customer use in their branches, [according to MyBankTracker].
The decision to remove these machines was made in May 2016 following reports of inaccuracies in counting, with customers claiming they were being shortchanged.
If you need to deposit coins at TD Bank, you will need to roll them yourself using coin wrappers. These wrappers are available for free at any TD Bank branch. Once your coins are rolled, you can then take them to a TD Bank branch for deposit.
- Other banks or credit unions: Some local community banks and credit unions still offer coin-counting machines, though they may charge a fee for non-customers.
- Coinstar kiosks: These machines are available at many supermarkets and other retailers. You can either get a cash voucher (subject to a fee) or choose a no-fee gift card or charitable donation option.
Does TD Bank still have the coin counter?
Which Banks Have Coin Counters? Chase, Bank of America, Citibank, Capital One, PNC Bank, TD Bank, and other major national banks no longer provide coin-counting machines to customers or to non-customers. The big banks claim that these machines cost more to maintain than the value that is delivered to customers.
Where can I cash in coins for free?
Thanks for asking. 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.
Does TD take coin deposits?
I can help with that. To deposit coins, TD Bank customers will have to use coin wrappers. These wrappers are available for free by visiting a TD Bank branch. Tip: Most banks will give you free coin wrappers. Customers have to wrap their coins at home before depositing them.