In her KPIX report posted on her YouTube channel, Julie Watts opens with a blunt warning: bank robbers aren’t the only threat to a safe deposit box. The bigger shock, she says, is customers claiming ...
After rare coins worth an estimated $3.6 million went missing, a customer of a now-shuttered Bank of America branch in metro Detroit is questioning whether safe deposit boxes, where the coins had been ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Betsy began her career in international finance and it has since grown into a comprehensive ...
Safety deposit boxes offer enhanced security for valuables but aren't accessible outside bank hours. Items in safe deposit boxes are not FDIC insured; separate insurance is needed for coverage. Legal ...
Safe deposit boxes sound like the perfect place for treasured items and important documents. They’re secure, climate-controlled, and tucked behind layers of bank security. Yet for heirs trying to ...
Items that are difficult or impossible to replace, such as important documents and family heirlooms, are ideal for safe deposit boxes. It is not advisable to store items that may be needed quickly or ...