TD Bank announced it will permanently do away with its coin-counting "Penny Arcade" machines after allegations that its machines were shortchanging customers in favor of the bank, CBS News reports.

While counting your pennies is a phrase used to promote the idea of frugality, it seemingly cost consumers a pretty penny to have their coins tallied at the Penny Arcade machines at TD Bank branches.

CHICOPEE, Mass. (WWLP) – TD Bank is getting rid of their “Penny Arcade” coin counting machines, following news reports questioning their accuracy. The bank announced the decision Thursday, also ...

We brought $89.90 to coin-counting machines After TD Bank pulled its Penny Arcade coin-counting devices for testing, we decided to try three other similar machines. (Greg Adomaitis | For NJ.com) ...