To access what’s in your safe deposit box, you’ll need to go to the branch, show proof of identity and provide your key. Typically, it takes two keys to open a safe deposit box: your key, plus a key that your bank or credit union retains. Safe deposit boxes are kept in a secure vault at a bank or credit union branch. Depending on the financial institution, they can be as small as 3 x 5 inches or as large as 10 x 15 inches. These boxes, which can be rented at either brick-and-mortar banks or credit unions, come in different sizes and are typically made of metal. What Is a Safe Deposit Box?Ī safe deposit box is a secure container that you can rent to store important items.

Before signing up for a safe deposit box, it’s helpful to understand how they work, what they cost and when it makes sense to use one. Safe deposit boxes can be an alternative to keeping a safe at home, although they may not be right in every situation.

When you’re looking for a place to store cash, important documents or other valuables, a safe deposit box is one option to consider.

Which bank have safe deposit box