TD Bank to retire Penny Arcade coin-counting machines

TD Bank announced Thursday that it will retire its fleet of Penny Arcade coin-counting machines following reports that some of the machines inaccurately counted coins.

TD Bank will retire the Penny Arcade coin-counting machines due to inaccuracies.

TD Bank will retire the Penny Arcade coin-counting machines due to inaccuracies. (5/19/16)

CHERRY HILL - TD Bank announced Thursday that it will retire its fleet of Penny Arcade coin-counting machines following reports that some of the machines inaccurately counted coins.

“We have determined that it is difficult to ensure a consistently great experience for our customers,” TD Bank official Michael Rhodes says.

Rhodes also says that the bank has seen a decline in the number of customers who had been using the machines.

TD Bank will now “provide alternative coin-counting solutions” to customers.

A class-action lawsuit was filed earlier this month in New Jersey by an attorney representing customers who say that they were cheated out of money due to inaccuracies of the machines.

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