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 ...

The average cost of a safety deposit box changes according to the size of the box and the location of the bank where it is stored. On average, the banks we surveyed charge about $60 annually for their ...

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

And the HSBC in Borough Park, Brooklyn, was burglarized over an April weekend this year, with the three men arrested Tuesday allegedly stealing $330,000 in cash from the bank's vault as well as ...

We all have things that we really, really don’t want to lose – from important documents such as birth certificates, deeds and passports to genuine valuables such as coin collections, fi… ...

When Hurricane Katrina slammed the Gulf Coast in 2005, at least 250 bank vaults went under water, flooding the contents of an estimated 8,000 safe deposit boxes, he said.

A safe deposit box inside a bank vault sounds like a secure place to store family heirlooms and other priceless items. But that’s not the case for some frustrated customers, who told NBC4 their ...

During Hurricane Harvey, a ValueBank Texas branch in the small city of Port Aransas was flooded with salt water, and roughly 100 safe deposit boxes were damaged. “Four feet of water in a vault,” said ...