Here's what to know if you're considering opening a safe deposit box.

Source: The College Investor Have you been considering getting a safe deposit box, but just don't know where to find one? Do you have important valuables and documents lying around the house? A ...

Safe deposit boxes are generally in a bank vault that is fire- and water-resistant. But the boxes themselves are still susceptible to damage or loss from fire, flooding or theft.

We think of safe deposit boxes as secure, but they're really not. Worst of all, your own bank can decide to drill it open for a long list of reasons. If that happens, here's what to do.

Are Safe Deposit Boxes Safe and Are Your Belongings Secure? Safe deposit boxes are generally very secure. They are stored in protected areas of the bank, often in vaults armed with alarms, cameras ...

While movies and television shows have often glamorized the incredible security of safe deposit boxes and/or vaults in banks, ...

Cheap: A safety deposit box is nearly always cheaper than an unequaled precious metals vault. Box Access: Your box is accessible during the bank’s hours, which is more convenient for many investors.

Fifth Third Bank customer twice forgotten inside vault 03:25 CHICAGO (CBS) -- They are often the place to store your most important documents and any family heirlooms; the safe deposit box at your ...

Schroder says the bonds were in an old safety deposit box and have a cash value of more than $250,000. ... Contents from bank vault, flooded by Hurricane Katrina, worth $250,000 by: ...