In the world of cash management services, coin is no fun. It is heavy and takes up a lot of space. To manage a coin inventory requires specialized equipment and storage facilities, maintenance, reporting systems and heavy labor. There is risk of injury to your people from all the heavy lifting and resultant worker’s compensation cost. Outsourcing to Loomis makes a lot of sense.

Loomis offers a comprehensive solution for coin services throughout much of our national service network. In fact, we serve as Federal Reserve Coin Depots in 40 locations, enabling us to provide the most stable and reliable coin services in the industry and, in most cases, help you reduce inventory. We offer complete processing services including sorting, wrapping, storage and of course delivery.

Some of the features of our coin services include:

• Ordering change can be done online via the ICO component of our SENERGY system.
• Standard and non-standard change orders may be received next day at your location. Return shipments can be processed, reported, stored and available for redistribution to your locations thus, reducing your inventory.
• Loose coin capture devices may be serviced to provide your institution a central point for consolidation and re-use of inventory.
• Our crews will provide on-shelf coin delivery services when appropriate placing your coin where you need it, protecting your staff from injury.
• Accurate and timely reports may be printed from your desktop for each institution, branch or customer location.
• Commemorative coin supply management and distribution is available to central vault customers.