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Started By
Message
Do you have a Safety Deposit Box at your bank?
Posted on 1/8/20 at 12:37 pm
Posted on 1/8/20 at 12:37 pm
Question in Thread Title.
I have a feeling that SDBs are being used less & less as finances become more digital.
I haven't had/paid for one in 20 years.
I have a feeling that SDBs are being used less & less as finances become more digital.
I haven't had/paid for one in 20 years.
29
Posted on 1/8/20 at 12:38 pm to Tigear
Three between personal, business, and my parents which I also have a key to. You re right they're being used less and less, but they still serve a purpose.
Posted on 1/8/20 at 12:40 pm to Jim Rockford
quote:
Three between personal, business, and my parents which I also have a key to. You re right they're being used less and less, but they still serve a purpose.
I have a joint one with my dad that has his will and a few other documents and valuables in it.
Posted on 1/8/20 at 12:40 pm to Tigear
Yes. My wife and I use it for important documents like birth certificates, wills, passports, etc. Along with some jewelry/valuables that have been passed down.
This post was edited on 1/8/20 at 12:41 pm
Posted on 1/8/20 at 12:40 pm to Tigear
I don't have a SDB. I bury my gold in the yard.
.... Or maybe I don't.
.... Or maybe I don't.
Posted on 1/8/20 at 12:41 pm to Tigear
My bank has been sold out, for years. Have to go 20 minutes down the road for one.
Posted on 1/8/20 at 12:42 pm to Tigear
frick no. my luck i'd forget about it and the bank would auction off my drawer.
also i dont like how much access the bank has looking inside it and all the cameras and rules about retrieving it.
also i dont like how much access the bank has looking inside it and all the cameras and rules about retrieving it.
Posted on 1/8/20 at 12:44 pm to Tigear
i keep the wifi password in one
Posted on 1/8/20 at 12:46 pm to Tigear
Have had one most of my adult life. Keep imortant docs etc., some coins and gold. Had one for years at the bank on the corner of Jefferson Ave. and Freret at about eye level. Went to bank after Katrina and bank had taken about 4 feet of water. SDBs are not waterproof. Boxes below mine flooded and all the paper documents were destroyed. Went into bank with a bank officer and locksmith who punched out the lock because the keys did not work.
Posted on 1/8/20 at 12:48 pm to Tigear
I find mine useful and they are pretty cheap.
Also, fun fact, it’s “safe deposit box”. I think so many people (including me for most of my life) say “safety” that it just became accepted. It’s also a pretty reasonable name for the box.
Also, fun fact, it’s “safe deposit box”. I think so many people (including me for most of my life) say “safety” that it just became accepted. It’s also a pretty reasonable name for the box.
Posted on 1/8/20 at 1:00 pm to Tigear
No, my bank, USAA, doesn't have branches. I keep valuables in my Dad's safety deposit box, he has several.
Posted on 1/8/20 at 1:04 pm to Tigear
Yes
Posted on 1/8/20 at 1:04 pm to Tigear
No, I have a safe in my house.
Posted on 1/8/20 at 1:08 pm to Tigear
Not at my daily bank. I have some items in a SDB at a different institution in case the SHTF.
I don't want everything at one location.
I don't want everything at one location.
Posted on 1/8/20 at 1:10 pm to HECM62
quote:
SDBs are not waterproof.
Boggles the mind that banks in LA don't provide a stack of heavy duty Ziplocks for people to put papers in.
Posted on 1/8/20 at 1:12 pm to Tigear
Nope. And I accidentally dropped all my guns in the lake in a boating accident.
Posted on 1/8/20 at 1:20 pm to deeprig9
Haven't in years.. it never failed that the only time I needed a document, cash, or whatever from it was during non-banking hours. instead now I keep a large safe in the house for valuables, documents, etc.
Posted on 1/8/20 at 1:24 pm to dakarx
In home fireproof safe
Posted on 1/8/20 at 1:54 pm to Tigear
It's becoming harder and harder even to find one these days. Smaller local banks are the easiest to find them at, but I've had TWO banks bought out from under me by bigger banks who didn't offer boxes after the merger.
This post was edited on 1/8/20 at 1:55 pm
Posted on 1/8/20 at 1:55 pm to Tigear
My parents have 2 .
One for money/valuables
And the other for paperwork for their house/ wills/ important documents
One for money/valuables
And the other for paperwork for their house/ wills/ important documents
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