A self-service kiosk located within or near a member-owned financial cooperative often accepts rolled or loose change and deposits its equivalent value into designated accounts. This technology automates the process of depositing coinage, eliminating manual counting and handling.
These automated systems offer convenience for members who accumulate substantial quantities of coins and prefer a quick, efficient deposit method. They streamline transactions, freeing up teller time for more complex member service needs. Historically, handling large volumes of coins presented logistical challenges for both members and tellers. This technology provides a modern solution, reducing processing time and improving operational efficiency. The availability of such services can also attract new members seeking modern banking conveniences.
