Bank of America does not operate coin machines in its branches

Bank of America stopped providing coin-counting machines in its branches several years ago. If you have coins you want to deposit, you will need to use a different method or find a coin machine elsewhere.

This change happened across most large banks. Coin machines are expensive to maintain, and fewer people use them as digital payments have become more common. Bank of America made the decision to remove them from branches and redirect that space and cost to other services.

Key Takeaways

  • Bank of America branches do not have coin machines available for customer use.
  • You can still deposit coins at a Bank of America branch by asking a teller to count and deposit them for you, though this may take time during busy hours.
  • Grocery stores, laundromats, and some credit unions operate coin machines that charge a percentage fee, usually between 8 and 10 percent of the total.
  • Some Bank of America branches may have a coin counter available only for employees, not customers.
  • Coin rolls sold at office supply stores let you organize coins yourself and deposit them as rolled currency.

Depositing coins directly with a Bank of America teller

You can still bring loose coins into any Bank of America branch and ask a teller to count and deposit them into your account. The teller will count the coins at the counter, verify the amount, and add it to your deposit. This is free and requires no special preparation.

The trade-off is time. During busy hours, counting a large amount of coins can take 10 to 20 minutes or longer. If you have a small amount, a teller can usually handle it quickly. If you have several dollars' worth or more, you may want to come during slower times of day — typically mid-morning on weekdays or early afternoon — or call ahead to ask when the branch is least busy.

Bring your coins in whatever form they are in. You do not need to sort them or roll them first, though doing so can speed up the process.

Using a coin machine at a grocery store or laundromat

Most grocery store chains operate coin machines in their lobbies or customer service areas. Common locations include Safeway, Kroger, Whole Foods, and regional chains. These machines count your coins and either print a receipt you can cash at the register or deposit directly into a linked account.

Laundromats almost always have coin machines on-site. Some are operated by the laundromat owner; others are run by third-party companies. A few machines still dispense coins for laundry use, but most modern machines print receipts or transfer funds to a card.

The cost varies. Most machines charge between 8 and 10 percent of the total amount. A machine that charges 8 percent will give you $92 for every $100 in coins. Some machines charge a flat fee instead — for example, $1 per transaction regardless of amount. Check the machine's display before you use it to see the fee structure.

Coin-rolling supplies for manual organization

You can buy coin rolls at Bank of America branches, office supply stores like Staples or Office Depot, and online retailers. Rolls come in standard sizes: pennies (50 coins per roll), nickels (40 per roll), dimes (50 per roll), and quarters (40 per roll). A box of assorted rolls usually costs between $2 and $5.

Rolling coins yourself takes time but costs nothing. Once rolled, you can deposit them at any Bank of America branch as you would paper currency. Some branches prefer rolled coins because they are faster to process than loose coins, though this is not a requirement.

Credit unions and smaller banks with coin machines

Some credit unions and smaller regional banks still maintain coin machines for members. If you belong to a credit union, call your branch and ask whether they have a coin counter available. Credit union machines are often free for members and may be faster than asking a teller to count by hand.

If you do not belong to a credit union, you can search for one in your area through the CO-OP Network or Allpoint locator. Some credit unions allow non-members to use their coin machines for a small fee, though policies vary widely.

When to roll coins versus using a machine

Use a coin machine if you have a large amount of coins and want the fastest result. The 8 to 10 percent fee is worth the time saved if you have $20 or more in coins. For smaller amounts, the fee eats into your deposit more noticeably — a 10 percent fee on $5 costs you 50 cents.

Roll coins yourself if you have time and want to avoid fees. This works well if you accumulate coins slowly over time and do not mind spending 15 to 30 minutes rolling them. Rolling also lets you deposit at any Bank of America branch without waiting for a teller.

Ask a teller to count loose coins if you have a small amount and are already at a Bank of America branch during a quiet time. This is free and requires no preparation.

Frequently Asked Questions

Can I deposit rolled coins at Bank of America?

Yes. Rolled coins are treated as currency and can be deposited like paper bills. Make sure the rolls are full and properly sealed. A teller will verify the count, though they usually trust standard rolls and do not recount them.

Do all Bank of America branches have the same services?

Most branches follow the same policy, but individual branches may differ slightly in what they offer. Call your local branch directly if you have questions about coin deposits or other services.

What happens if I deposit coins that do not add up to the amount I claimed?

A teller will count them and deposit the actual amount. If you rolled coins yourself and the count is short, the deposit will reflect the true total. This is why pre-rolled coins from a store are safer — they are counted and sealed by the manufacturer.

Is there a limit to how many coins I can deposit at once?

Bank of America does not publish a coin deposit limit. Very large amounts may require advance notice so the branch can prepare. Call ahead if you have more than $100 in coins.

Can I exchange coins for bills at Bank of America without depositing?

Yes. A teller can count your coins and give you bills in exchange without opening a deposit. This is useful if you want cash rather than a bank deposit.