TD Banks no longer using coin counting machines?
- Thread starter Gorgar
- Start date
DIGGER27
In Memory Of
There is a reason, these coin counters seemed to be as good at counting coins as a 4 year old and ripped off just about everyone that used them.
Curiously, they always seemed to be off in the bank's favor, never the customer's.
Rossin Reports tested a whole lot of different machines awhile ago and results were eye opening.
Most were fine, Coinstars were right on every time but the 5 TD machines they tried were off by a few cents on some and a few bucks on another.
On one they dumped in $300 and the machine forgot to count over $43.
Be happy they are gone.
There is a proposed class action suit against them if you were a user.
http://www.phillyvoice.com/not-chump-change-proposed-9-million-settlement-td-coin-counters/
Here is the Rossen Report...
http://www.today.com/money/coin-counting-machines-may-be-shortchanging-you-t84226
Curiously, they always seemed to be off in the bank's favor, never the customer's.
Rossin Reports tested a whole lot of different machines awhile ago and results were eye opening.
Most were fine, Coinstars were right on every time but the 5 TD machines they tried were off by a few cents on some and a few bucks on another.
On one they dumped in $300 and the machine forgot to count over $43.
Be happy they are gone.
There is a proposed class action suit against them if you were a user.
http://www.phillyvoice.com/not-chump-change-proposed-9-million-settlement-td-coin-counters/
Here is the Rossen Report...
http://www.today.com/money/coin-counting-machines-may-be-shortchanging-you-t84226
Last edited:
7.5 of the 9 million will go to consumers. it'll be interesting to see what sort of documentation will be required to get one's piece of the action.
