U.S. Bank and Coinstar announced an expansion of their partnership, giving U.S. Bank clients more ways to deposit coins directly into their checking accounts. Following a successful pilot at four branches, Coinstar's Transfer to Account service is now available at more than 100 U.S. Bank branches and over 10,000 Coinstar kiosks in retail locations nationwide. The expanded service complements the bank's 2,000 branches and robust digital capabilities to make everyday banking more convenient.
Clients can use the service by visiting a participating retail or in-branch kiosk, swiping their U.S. Bank debit card, and depositing loose coins, which are counted and instantly transferred to their checking account. Many kiosks also offer options to donate coins to select charities or convert them into no fee eGift cards. Transfer to Account-enabled kiosks are available in more than 400 retail chains, providing access to banking services outside of branch hours.
To date, more than 48,000 U.S. Bank clients have used the service.
