Coin Bank

Coin Bank

Coin banks are paper tubes which are used to collect change and cash. These are usually used to gather donations for charity and non-profit causes, although some are used as piggy banks and children’s savings banks. Typical coin banks are semi-strong tubes coated in printed foil or Kraft paper and capped on both ends with metal or plastic plugs. The top plug has a slit wide and long enough for change and money to be pushed through.

Reusable coin banks have a removable bottom plug, while one-time coin banks must be torn open. Collecting charity donations in coin banks is a rather old tradition, and the function of having one-time banks which must be broken to be emptied is intended to encourage the person collecting (most often children) not to empty the bank until it is time to make the donation. A famous annual charity drive which uses coin banks is the Halloween UNICEF drive. Promoted by schools, parents and organizations, UNICEF distributes coin banks to children who collect monetary donations as well as candy from their neighborhoods. Other non-profit organizations have begun to fundraise this way, and donation coin banks are often seen at community events throughout the year. Many businesses and offices keep coin banks out and available for public donation.

Coin drives for charitable organizations are the most common use of coin banks, but they are also used as change collectors at home or the office. Paper tube manufacturers often include coin banks in their list of products and include custom screen-printing in the manufacturing process. The relatively low cost of materials for paper coin banks (wood pulp, adhesives, and stamped tin or plastic plugs) make custom-printed coin banks an excellent solution for community, church or office charity drives.

Coin Banks Image Provided by Marshall Paper Tube Company, Inc.