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 ...

While movies and television shows have often glamorized the incredible security of safe deposit boxes and/or vaults in banks, the truth could be a little less concrete (or, rather, less reinforced ...

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 ...

'I read that the bank discourages people from storing jewelry and coins in the boxes, so I did not rent one' Dear Quentin, Is it safe to keep valuables in a bank safe-deposit box? It sounds like a ...

Safe deposit boxes are a danger hidden in plain sight. It is tempting to think of them as an appropriate repository for all things valuable: jewelry, coins, cash, wills, powers of attorney. Cash is ...

“Whatever the condition of the safe deposit boxes, the bank is not liable for the contents,” stated a Citibank representative following the recent fire at a Citibank branch in Manhattan that burned ...

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 ...