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I seem to recall reading an article on HN a few weeks ago about how banks are pulling out of the safety deposit business now that their new branches don't reall
by ajdlinux 7y ago
I seem to recall reading an article on HN a few weeks ago about how banks are pulling out of the safety deposit business now that their new branches don't really need vaults for cash, and it's not clear that any replacement for those services is emerging with the same geographic reach as the retail banking system.
- dnh44 7y agoAlso the main point of the article was that the safety deposit boxes aren't even safe. https://www.nytimes.com/2019/07/19/business/safe-deposit-box-theft.html https://www.nytimes.com/2019/07/19/business/safe-deposit-box...