KEEP THE CHANGE - WHY DO PEOPLE SAVE COINS? HOW BRANCHES SUCCESSFULLY FILL THE GAP.

Financial advisors and lifestyle experts agree saving coin makes sense: nearly all recommend getting children – and adults – into the habit of saving coin. A quick internet search uncovered multiple sites where coin saving is listed in the top ten ways to save in a meaningful way.

Marketing departments of financial institutions should be considering coin deposit as a means of bringing value to their existing customer base, encouraging children to open savings accounts and increasing overall footfall.

There is growing awareness of the value of saving coins and using them to create immediate cash or long-term savings.



As familiarity and awareness of self-service coin deposit expands, it provides a way of attracting customers to the branch and differentiating one bank “brand” from another. Many branches who provide coin deposit solutions report an increase in low-value deposits and therefore footfall; this increases throughout the year but peaks during summer and winter holiday seasons. Coin deposit is a proven method for Financial Institutions to attract and connect with current and potential customers who don’t typically enter the branch.

How Glory can help

- With opportunities to capture coins from your customers

- Take better control of your usable coin inventory

- Making you self sufficient with fulfilling your coin requirements

- Allowing room for improvement in accuracy and accountability

- Assist you in reducing coin collection and cost associated with handling coinsi