Bank Safe Deposit Box

Both keys are required to open the safe deposit box which provides an additional layer of security.

Bank safe deposit box. Opting out of both safe deposit boxes and home safes. A safe deposit box is a safe place where you re able to keep belongings that can t be replaced or that hold sentimental value. Schedule an appointment with an associate at your local financial center for a day and time that work best for you or call us at 800 432 1000 mon fri 8 a m 11 p m. The safe deposit specialists safe deposit report card lists 30 questions to ask your bank before signing up for a safe deposit box.

While certain items should be stored in a safe deposit box others are best. Or sat sun 8 a m. We obtained up to date pricing information either from the bank s website or by contacting customer service. Banks with safe deposit boxes deposit boxes the following banks and credit unions offer safety deposit rental services for their customers and account holders.

Call 1 315 724 4022 international collect. If a customer wants someone else for example a spouse or business partner to share access to the box then the box must be rented jointly. These boxes involve two sets of keys. First if you need the money in an emergency but the bank is closed you re out of luck.

Keeping a stash of cash in a safe deposit box isn t a good idea for several reasons warn experts. One which remains with the bank and one which goes to the owner of the box. At our new oxford street branch we have three safe deposit box sizes to choose from each with a simple annual fee. Why safe deposit boxes could be a bad idea.

Both parties sign the bank s documents together when they first rent the box. A recent article in the new york times tells the story of a new jersey man who kept his collection of rare watches in a safe deposit box at a local bank since 1983. That bank changed ownership many times over the years eventually becoming a wells fargo. A safe deposit box is an individually secured container usually a metal box housed in the vault of a federally insured bank or credit union.

For this reason there are strict rules about access. 8 p m all times et. They re one of a number of services beyond banking. A key feature of safe deposit boxes is privacy.