S3 Episode 13: Safe Keeping – Bound by the Cloak
Recently, big banks like Chase, HSBC and Capital One have started to pull back from safe deposit box services and aren’t offering them for new customers. So, where should you store your valuables?
Dave McGuinn has been keeping banks and the valuables that reside within them safe for over 50 years. He is the industry expert when it comes to bank vault and safe deposit security. In this episode, Dave gave us the key to understanding safe deposit services, why banks are trying to eliminate them and some of the most interesting things people have stored in the safe deposit boxes.
Show Notes:
Articles:
On Your Side: Insuring your bank safe deposit box (2023)
Boxed Out: Why safe deposit boxes are harder to find (2023)
JPMorgan Chase Is Phasing Out Safe Deposit Boxes (2022)
The quiet disappearance of the safe deposit box (2022)
Safe Deposit Boxes Aren’t Safe (2019)
What You Need to Know About Safe Deposit Boxes (2018)
