M&T Bank With Coin Machine (2024)

FAQs

Does M&T bank take unrolled coins? ›

Unfortunately, we only accept rolled coins.

Local banks and credit unions – Many banks and credit unions have free coin counting services for their customers. QuikTrip gas stations – QuikTrip has gas stations across 11 states, with 800 locations in total. Some of these locations have free coin counting and exchange services to make up for the coin shortage.

You can exchange coins for cash at most credit unions and banks, but some may charge a small fee for this service. Some financial institutions provide coin-sorting machines for self-service exchanges, and others require you to work with a teller.

Many big banks have phased out their coin-counting services in recent years, but the regional banks or credit unions that do offer coin exchange likely do so at no cost to customers. There may be a small fee for noncustomers to use the bank's coin-counting services.

The fees associated with using Coinstar's cash option help cover the costs of counting and sorting the coins, as well as maintaining the kiosks. If you're looking to avoid these fees, opting for an eGift Card is your best bet. You bypass the service charge and get funds to use at specific retailers and restaurants.

CVS: CVS is another retailer offering Coinstar access. Check your local CVS to make sure there is a Coinstar machine in it before stopping by.

Some banks do have coin counters, and the service is typically free for bank customers. Most banks used to have them, but over time, the machines disappeared. Here are some of the banks and credit unions that have them: American Eagle Financial Credit Union: Free for customers, 10% for noncustomers.

Your bank or credit union

Many banks and credit unions offer coin exchange services, including national banks such as Chase, Bank of America, Wells Fargo, Citibank, U.S. Bank and more.

Simply dispense your loose change into the coin reservoir. Do not insert rolled coins, silver dollars, wet coins or other objects. Then, wait briefly for the machine to count your coins and print a voucher with your total. Remember to check the reject pocket for any rejected coins.

You can deposit any amount of full bags into your account. We just ask that you separate the coins into full bags that contain only one type of coin. If you have a large number of coins to deposit, please call your local branch first to see if they are able to accept them.

How do you cash in a lot of coins? ›

You can turn loose change into cash by taking your coins to the bank, rolling them yourself, using a coin counting machine, buying a coin separator or spending your coins to purchase items you need.

Most banks will only accept change to deposit if it's already been rolled. The teller should have a special coin box to quickly count and sort your rolls before depositing the funds into your bank account.

Take it to your bank

Some banks now have coin machines that let you pay in your spare change without needing to sort it first. Not all banks offer these machines, and even those that do might not have one in your local branch. However, they should be able to take your coins if you sort them yourself.

Simply dispense your loose change into the coin reservoir. Do not insert rolled coins, silver dollars, wet coins or other objects. Then, wait briefly for the machine to count your coins and print a voucher with your total. Remember to check the reject pocket for any rejected coins.