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If you are a TD Bank / Commerce Bank employee, please leave a comment on this post with your thoughts!
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If you need to deposit a large number of coins, find out where you can still do so: Contents, how TD Bank Customers Can Deposit Coins.
Step 10, by this point youre really itching for the next time you can come back to the Penny Arcade.But trust me, its there.Customers counted the coins before putting them through the machine and discovered that it was consistently recognizing less money than it should.Its a double reward: I get to deposit all the money I saved (woo!Use of the machines had also declined steadily over the past few years, Rhodes said, adding: "We will continue to assess the Penny experience and intend to appropriately address customer impact.".An interesting decision by TD, as the service drove over 6 million non-customers a year to TD branches.History of TD Bank Penny Arcade Machines.He is an expert on consumer banking products, bank innovations, and financial technology.
I save my spare change in a ceramic vase that was given to me by my childhood babysitter.
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If they want the service for free then they should bank with them.Coinstar for gift cards and donations.Headquarters in Cherry Hill, New Jersey, initially responded to the negative press by pulling the machines out of service, saying they would be brought back once they met performance requirements.The bank, which used to offer a prize for those who could guess within.99 of the total of coins dropped into their counters, drew scrutiny after reports questioning the calculating abilities of the machines, with some reportedly miscounting by nearly.When asked why the change was made, a spokesperson for the bank indicated that a number of customers and employees were complaining that non-customers who use the machine were negatively impacting the service (Source: American Banker).One comment read: I am a customer of TD and it never made sense to me that non-customers received the same convenience at no cost to them.Instead of making you just stand there and wait while your change is being counted, you can choose to play a game and guess how much its going to add.While this move to charge have upset non-customers who use the service every year, TD Bank felt is was the best decision for their current customers.Allegedly, the machines counted coins inaccurately.