3 ms·
My big multi-national bank (Chase) is phasing out safe deposit boxes entirely. I had to go to a regional southern bank to get a safe deposit box. I also had to
by nodesocket 4y ago
My big multi-national bank (Chase) is phasing out safe deposit boxes entirely. I had to go to a regional southern bank to get a safe deposit box. I also had to give them a $300 deposit and jump through a bunch of hoops because I didn’t want a checking/savings account. It seems like a good business opportunity, but it’s expensive (takes space, requires security/safes, and low revenue offering). It’s not a good business for banks.