Obtaining pennies from banks...Tough

[8bluecrayon]

I belong to a credit Union and it is like pulling teeth to get a $25.00 box of pennies. I have since joined another bank where I started a business account. The branch manager told me that they had to buy their pennies (price difference?) and that they could only do 1 box a month or so. Does anybody else have this problem with getting pennies from a bank. I even offered to prepay for they pennies. Let me know what I can do to get better results. Help.

[Catfish4u]

Just my experience.......... I call banks and request an order for two boxes of pennies. Most do not even ask if I have an account there. If they ask what I am getting the pennies for I told them I bought a big gun safe and read on the internet that pennies are heavy and good for weighing it down to prevent theft.

I did this to about fifty banks and returned about a month later. A couple asked about me coming back and I said I needed additional pennies to weigh my safe down. It worked for me..............

[reddirtcoins]

just keep looking at banks. (not credit unions). If you have an RCB around go there. I can get 20+ bags a week from mine. BoA is also good. I can get 10-20 boxes a week from them.

[Tourney64]

Tell banks you will take any CWR off their hands. It actually saves them money. My credit union will provide boxes of any coins any time I want and free of charge. They do have a minimum for each coin type. Minimum is 4 boxes for halves.

[DaMangRon]

Bank of America is awesome. I do have several accounts with them...but the woman that orders the coins gets me as many boxes as i can handle. Just have to order them...deliveries come twice a week. I've also gotten boxes from td once in a while without them even asking about having an account....but their boxes really suck compared to boa. Too many people using td as a dump bank I guess.

[TwoAndAHalfCents]

Credit unions - good for dumping but not good for picking up coins. That has been my experience. Try a number of banks and branch locations to find which ones have boxes of coins available and which ones don't. The bigger well established branches with a lot of business accounts seem to be the ones where it is easiest to get boxes. I agree with some of the other comments that B of A is a great source.

[slickeast]

I was picking up $500 -$800 a week loose in bags from a CU. They have coin machines in the lobby and sold me the bags every week. It has been a while but I'm sure that they will still sell me the bags. Keep looking and asking. I have had different branches tell me different things

[cesariojpn]

If they ask what I am getting the pennies for I told them I bought a big gun safe and read on the internet that pennies are heavy and good for weighing it down to prevent theft.

Or if schools in session, just claim that your son/daughter/hellspawn/nephew/niece/whatever has "penny wars" at school and needs a few bricks to tip the scales into their grades favor.

[Tourney64]

I would talk with all financial institutions in your area and see who can help. You would be surprised who might be able to help. Credit unions still have to order cash even though they may be smaller than most banks. Banks will order for business customers and ordering coin in large volumes is not unusual. Banks may charge for coin or require a business account and a credit unions may not.

[RichardPenny43]

Are you single?
If so, try dating a bank teller.
Or just flirt and joke around with them.

[Engineer]

Ask to buy bags from their counter. It saves them money, and you the trouble of unrolling.

[8bluecrayon]

RichardPenny43......I'm married, but have already tried the flirty thing.....my wife laughed. Anything to get pennies.

[coppernickel]

More affluent areas use electronic funds.

Look for poor, immigrant, areas. They know coins. Better coins are found there too.

[baggerman]

Personally I have had better luck with CU than banks. I have a CU that allows me to buy bags from their coin sorter and my bank which is Chase will order me all the boxes I want . I always do better with the bags that the boxes. One thing that helped me get things set up with the CU is I tyold them I sort pennies for the Grandlids which is true and I also told them I would not return any coins to their branches which costs them to send the coins out.

[millermaher2016]

I've had better luck with small banks (maybe 10-15 branches in the whole corporation) and have gotten much luckier with the branches in fairly rural locations. The rural locations call me when a big coin deposit comes in, and I always seem to get much older coins from them. (I have a theory that some folks are finding Grandpa's Mason jars in their yards while they are pulling weeds. But I live in a place that is highly populated with those who are distrustful of government, so they may just be hoarding and only making deposits when absolutely necessary.)

[knibloe]

Are you single?
If so, try dating a bank teller.
Or just flirt and joke around with them.

Why would you have to be single??