TD bank's coin-counting machines may have scammed you out of money
If you’re a recent TDBank Customer, you may be owed money.
The bank is settling a class action lawsuit filed by customers who are accusing the company’s "Penny Arcade" change counting machine of miscounting money.
In 2016, an NBC News report showed that when jars filled with $300 of change were put through the machines they undercounted the money by up to $43 dollars.
After performing their own tests, TDBank pulled the Penny Arcade machines nationwide.
People who used these machines between April of 2010 and July 12, 2017 are entitled to a cash payment of 26 cents per $100 of change counted.
TDBank customers will be paid automatically, but those without an account will need to submit a claim.
Explaining the removal of the machines, TDBank’s head of consumer banking stated last year: “We have determined that it is difficult to ensure a consistently great experience for our customers”