<div class=”d4p-bbt-quote-title”>jeff_huberty wrote:</div>
So the bank wants their cut($),for putting my coin stash through a machine to count.If I had a account at a bank and they charged me to deposit coins I would switch banks not create a post on a fishing website about it. Actions speak loader that words. Sounds like you have been banking at the wrong bank for 33 years.
urine Off 
What’s wrong with posting? This site isnt restricted to fishing topics only. I like posts like this. Very informative.
Good point post away. I will just have to try to avoid to looking at the todays topics and stick to the fishing forums section.
What bank is charging customers fees for coin counting? I would have an issue with that as well. Non-customers, sure.
I work for a large financial institution. US Bank asked us to take back the $100,000,000 we had with them. It was too expensive for them to keep our money due to the new financial regulations (specifically, liquidity coverage ratios).
The world is changing and banks simply cannot operate in a way that they think it best. The govt is so stupid that their whole goal was to make banks smaller, reduce risk of banks that were SIFI (too big to fail), but now regs are so cumbersome and costly that few new banks and opening and many, many small banks are merging to try to survive.
Am I reading your last couple posts right?
Are we supposed to feel sympathy for the banks of this nation?
The world is changing and banks simply cannot operate in a way that they think it best. The govt is so stupid that their whole goal was to make banks smaller, reduce risk of banks that were SIFI (too big to fail), but now regs are so cumbersome and costly that few new banks and opening and many, many small banks are merging to try to survive.
Agree for the most part. Big banks have their hands in the pockets of lawmakers and just like any other large business are weeding out the smaller institutions to gain even larger shares. Big banks aren’t hurting a bit, check out their quarter profits
http://graphics.wsj.com/quarterly-bank-earnings/
That’s why I feel it’s just as important to support the small guys, just like many of us try to do on here with our fishing tackle purchases.
Am I reading your last couple posts right?
Are we supposed to feel sympathy for the banks of this nation?
Sympathy? Of course not. But when you wonder why you get charged a fee or why your loan request is declined, it is possible that the bank isn’t solely to blame.
That’s garbage, charging you to count the coins! Does this bank have pay toilets too? Your a bank, it’s your job to deal with money, cash coins or check. As far as them having to pay for the machine, the employees and the paper wraps, welcome to the business world, everyone has overhead.
All banks do is make money off of money they did not have ownership of to begin with.When they failed who was it that bailed them out,it was uncle sam rite?Nope,it was uncle sam digging into the pockets of its taxpaying citizens.In a nutshell if all transactions were cash and there were no fees,checks,loans,creditcards ect; banks wouldnt exist and uncle sam wouldnt get a cut of it in the form of taxes.If it wernt for banks the tax man would come to the house each week to collect your dues.No one would willfully hand over their hard earned money for all of the dumb things uncle sam spends it on,or would they?We will never know,the banks wernt allowed to fail and the cycle will continue.
Wow…..
How did this turn into a (very weird) political post????
All banks do is make money off of money they did not have ownership of to begin with.When they failed who was it that bailed them out,it was uncle sam rite?Nope,it was uncle sam digging into the pockets of its taxpaying citizens.In a nutshell if all transactions were cash and there were no fees,checks,loans,creditcards ect; banks wouldnt exist and uncle sam wouldnt get a cut of it in the form of taxes.If it wernt for banks the tax man would come to the house each week to collect your dues.No one would willfully hand over their hard earned money for all of the dumb things uncle sam spends it on,or would they?We will never know,the banks wernt allowed to fail and the cycle will continue.
Do ten minutes of research. The banks didnt need or want money. They paid it back as fast as they could.
The money went to AIG, the auto companies and the housing agencies.
I didnt confirm this recently, but I know the banks paid back all the money. The auto companies (except maybe GM) and the housing agencies paid back their funds with interest as well.
I think AIG still has a ways to go. Funny, they owed billions to Goldman Sachs who has many ties to the Govt. I wonder why they werent allowed to fail…..
Never had an issue with getting my change counted and turned to cash, but feel the need to share, seeing the rising tension of this post.
I used to collect my change in the ashtray of my old car, and knew when I had it full to expect anywhere from 10-14 dollars worth of change in it. Well one day took the tray full of change into the bank, and the teller takes it to the back to dump into the machine. she returns later with the tray empty of change but with a couple live .22 rounds in it. She didn’t fully grasp what they were, but I wad laughing a lot on the inside as she said, “here is you tray back, and I found these couple things in there with the change.” I thanked her, and was relieved to know that at least they didn’t get stuck in the machine, cause they got sorted out. I guess a guy never knows where he throws those two extra .22 shells he had left in his pocket after plinking, or hunting.
DaveB
So what is the cut off for change counting fees?
What if I brought in 2 pennies- should I be charged?
How about 2 bux in change?
How about 5 dollars in pennies?
How about 5 dollars in quarters?
The government is successfully destroying the health care field as well… banks aren’t alone.
Whether the banks wanted or needed it they got it,for fear of what may have happened if there was a complete run on them.The public was afraid of losing it all,if everyone withdrew from banks it would have been game over for the govt.They would have had no feasible way to collect and spend.Call it what you wish,but banks are nothing more then a scam as most all people owe them money,so they work to pay the bank and are then taxed.This ensures the money machine is kept rolling.Im probly wrong though,its more likely the banks just charge all of the fees,fines and penalties that they do to cover their cost of labor.Its funny banks call people customers,as most people have no choice whatsoever but to be a customer of one bank or the other.I wonder why that is.
She didn’t fully grasp what they were, but I wad laughing a lot on the inside as she said, “here is you tray back, and I found these couple things in there with the change.”
LOL! So that’s where those “tacks” went?!!
Whether the banks wanted or needed it they got it,for fear of what may have happened if there was a complete run on them.The public was afraid of losing it all,if everyone withdrew from banks it would have been game over for the govt.They would have had no feasible way to collect and spend.Call it what you wish,but banks are nothing more then a scam as most all people owe them money,so they work to pay the bank and are then taxed.This ensures the money machine is kept rolling.Im probly wrong though,its more likely the banks just charge all of the fees,fines and penalties that they do to cover their cost of labor.Its funny banks call people customers,as most people have no choice whatsoever but to be a customer of one bank or the other.I wonder why that is.
Our banks have access to a line of credit to the Federal Reserve. If there was a run on the banks, they would borrow from the Fed and pay the customers. Also, not all bank funding is from deposits. They also get funding from the capital markets or equity capital.
Nice try though.
I’m curious. What happened to the coins Jeff?
His wife got them.
game over….. 
I have to wonder is it possible we are getting older and less accommodating to change or is it are surroundings are just getting greedier?
The older I get the more I see my grandpa in me.
HAHA! You just described me to a “T”! 
-“Grumpy Old Guy in Training” 
1. Seriously, how many times in a lifetime do people take coins in to count?
2. What idiot would go through the trouble of switching their accounts around to prove a point? Yeah, You sure showed THAT BANK! BAHAHAHA
3. I am dumber for having read this thread and some of the responses.
It’s coins,, and you do it once a year at best. Pay the tiny fee and move on.
This is just an odd odd thread. Politics, name calling, all over a little rant about a bank charging its customer a fee to dump coins in a machine to be counted.
Oddly enough, not one post in the last 2 weeks about the small fee we (some) of us pay the government for all the great things that they do.
…and I can assure you, Mr Huberty is no idiot. 
…and I can assure you, Mr Huberty is no idiot.
HA. Very true. And Huberty didn’t said he was leaving the bank. And it’s in general terms.. No name calling here. You know what I meant. Let me replace idiot with “guy” That better?
I just go to Walmart and use their coin machine for free. Oh! ! Oh ! Another can of worms opened? 
Maybe “Jim” is running that bank???
All I know is that I am shocked at the amount I get slightly more than once per year out of my change bucket. Usually well over $200. I always do it right before a major trip or vacation for mad money.
HA. Very true. And Huberty didn’t said he was leaving the bank. And it’s in general terms.. No name calling here. You know what I meant. Let me replace idiot with “guy” That better?
Ah, I as wondering.
Now after going back and seeing the reply about being at the wrong back for 35 years I see I had it completely mixed up. 
Check out the St Croix River forum in the WI section.
We’re having a pre season get together and we’re counting people’s change for free…
BK style.
1. Seriously, how many times in a lifetime do people take coins in to count?
2. What idiot would go through the trouble of switching their accounts around to prove a point? Yeah, You sure showed THAT BANK! BAHAHAHA
3. I am dumber for having read this thread and some of the responses.It’s coins,, and you do it once a year at best. Pay the tiny fee and move on.
Judging by that response,I am not sure if you realize the pitfalls of out of control institutions.
“The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered. ”
― Thomas Jefferson
You must be logged in to reply to this topic.
