Message:

<p>[QUOTE=&quot;myownprivy, post: 3095829, member: 84588&quot;]I can actually smell what is coming out of your mouth right now. Please, don&#039;t bs people. You are doing a disservice to anyone reading this by lying. I don&#039;t know if you are lying out of ignorance or malice, but either way it is unacceptable. </p><p><br /></p><p>While the FDIC does not insure your items in the safe deposit box, rules guarantee your access to the items should the bank close. <a href="https://www.fdic.gov/consumers/banking/facts/payment.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.fdic.gov/consumers/banking/facts/payment.html" rel="nofollow">https://www.fdic.gov/consumers/banking/facts/payment.html</a></p><p><br /></p><p>A safe deposit box and its contents are guaranteed yours as long as you pay the fee to rent the box. Should you not pay the fee, it would not be forfeited immediately. States have individual rules, but they are at least 2 years before you would forfeit the contents. <a href="https://www.helpwithmybank.gov/get-answers/other-topics/safe-deposit-box/faq-other-topics-safe-deposit-box-03.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.helpwithmybank.gov/get-answers/other-topics/safe-deposit-box/faq-other-topics-safe-deposit-box-03.html" rel="nofollow">https://www.helpwithmybank.gov/get-answers/other-topics/safe-deposit-box/faq-other-topics-safe-deposit-box-03.html</a></p><p>(I would post my state&#039;s law, but I don&#039;t want to reveal where I live)</p><p><br /></p><p>The bank does not have access to your stuff. You are protected by this because 1) the bank does not have both sets of keys. You have one set and they have the other. 2) the safe deposit cannot be opened unless you and a bank employee both use your keys. 3) access to the safe deposit room is not allowed by a single bank employee. A customer must sign in with a PIN and ID and/or signature and ID to gain access. <a href="https://www.helpwithmybank.gov/get-answers/other-topics/safe-deposit-box/faq-other-topics-safe-deposit-box-02.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.helpwithmybank.gov/get-answers/other-topics/safe-deposit-box/faq-other-topics-safe-deposit-box-02.html" rel="nofollow">https://www.helpwithmybank.gov/get-answers/other-topics/safe-deposit-box/faq-other-topics-safe-deposit-box-02.html</a></p><p><br /></p><p><br /></p><p>Now, there are some very real concerns with using a safe deposit box. !) natural disaster. If the bank itself is destroyed, your stuff may go with it. 2) civil forfeiture. If you don&#039;t trust the government and are especially concerned over the growing use of the government seizing personal assets, you are leaving yours right out in the open. The government knows you rent a box. And if you are suspected of committing a crime, a judge may issue a warrant allowing your box to be opened by force. You could also have a tax judgement that would allow the gov. to seize your assets. </p><p><br /></p><p>However, for me, personally, weighing the risks of a safe deposit box vs the risk of a home safe or burying items in my yard or storing them in my home without a safe, I have assessed that the most secure option is a safe deposit box. I believe the evidence strongly supports this decision I have made. But, it is just a personal risk assessment that I have made. And you may certainly make your own. However, you are not entitled to lie about when and how someone can access your safe deposit box.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in