How much is a safety deposit box at Regions Bank?
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How much is a safety deposit box at Regions Bank?
On average, the banks we surveyed charge about $60 annually for their smallest boxes, which are usually 3″x5″x24″….Annual cost of safe deposit boxes by bank and size.
| Regions | |
| 3″ x 5″ | $55 |
| 5″ x 5″ | – |
| 3″ x 10″ | $88 |
| 5″ x 10″ | $151 |
Does regions have safety deposit boxes?
A Regions Bank safe deposit box offers you a convenient way to secure and protect vital family documents, heirlooms, and a safe place to keep the items that you simply cannot afford to lose.
Is it safe to keep cash in a bank safety deposit box?
A safe deposit box is not a deposit account. It is storage space provided by the bank, so the contents, including cash, checks or other valuables, are not insured by FDIC deposit insurance if damaged or stolen. Also, financial institutions generally do not insure the contents of safe deposit boxes.
Can you keep anything in a safety deposit box?
Safe deposit boxes are a good place to keep hard-to-replace documents such as contracts and business papers, military discharge papers, and physical stock and bond certificates, along with small collectibles and family heirlooms.
Who can access a safe deposit box?
Although you’re storing something in one of our Safe Deposit Boxes, it doesn’t mean it belongs to us – your valuables are still your property. As long as you’re up to date with your payments, you or anyone you’ve authorised can access your box at any time during our opening hours.
Can a bank deny you access to your safety deposit box?
So what can you do to prevent this from happening? This will be essential to ease the process with the bank. California law basically requires that a person requesting access to a safe deposit box provide a death certificate, a driver’s license (or other valid identification), and be in possession of a key.
How much cash can you fit in a safe deposit box?
Like bank deposit boxes, there is no law that limits how much money you can keep in these either. Like lockboxes or safety deposit boxes you rent from a bank, only you have the right to access your safe.
What happens to my safe deposit box if my bank fails?
If the property remains unclaimed and is classified as abandoned, the bank may be required to transfer the contents of the safe deposit box to the state treasurer or unclaimed-property office in a process called escheat.
