Safe Deposit Boxes at Local Banks
Most local banks offer safe deposit boxes for their customers to store important documents and valuables. These boxes are typically located in the bank’s vault, which is a secure area that is protected by multiple layers of security. The size and cost of the box will vary depending on the bank, but they usually range from small to large and can cost anywhere from $20 to $200 per year.
What Can Be Stored in a Safe Deposit Box?
Safe deposit boxes are designed to store items such as jewelry, coins, stocks and bonds, passports, birth certificates, wills, deeds, titles, insurance policies, and other important documents. It is important to note that cash should not be stored in a safe deposit box as it is not insured by the FDIC.
How Do I Access My Safe Deposit Box?
In order to access your safe deposit box, you will need to present valid identification and sign a logbook. You may also be required to provide additional information such as your address or Social Security number. Once you have been verified, you will be given access to the vault where your box is located. It is important to remember that only you (or someone you designate) will be able to access your box.