

For example, at HFS we provide a lease agreement when you open a Safe Deposit Box. In most cases you will be provided with a list of items that are not permitted to be stored in the Safe Deposit Box. You’ll want access to these whenever necessary, not just during your financial institution’s business hours. Items that are needed in case of an emergency, such as power of attorneys, living wills, advanced medical directives, and other highly important documents should be kept in a secure place at home, such as a fireproof safe that is bolted to the floor. Everything kept here should be things you don’t need frequent and immediate access to. They are a good place to keep hard-to-replace documents such as contracts, financial and business documents, military discharge papers, physical stock and bond certificates, jewelry, coins, photos, etc. Safe Deposit Boxes can be used to store a number of items.

Although your funds in an institution are insured, we don’t recommend keeping cash in a Safe Deposit Box, as it is not federally insured. We will provide a list of items below that are and are not safe to store in your box. You can visit your box any time during normal business hours and the institution will have you provide proof of identification before accessing your belongings.Īs the owner of the Safe Deposit Box, only you will know the contents of what’s inside. Be sure to keep your key in a secure place since you hold the only copy.
#Fireproof safe deposit box plus
If there are any available, you can rent them on an annual basis.Ī Safe Deposit Box takes two keys to open – your key, plus a key kept by the institution. Safe Deposit Boxes are kept in a secure vault and are usually limited in quantity. You’re in the market for a Safe Deposit Box! The first place to check will be with your bank or credit union. You inherited some rare coins from your grandfather and don’t feel that it’s safe to store in your apartment. The box has a dual lock system, for security, requiring two keys to open it.

These boxes are offered for account holders to rent, if available, and are used to keep valuables and important documents. A Safe Deposit Box is a secure container, usually a metal box, located in the vault of a financial institution.
