Reply to Recommendation for bank that has safe deposit boxes

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]spend $500 on a certified fire safe good for 1 hour.  [b]keep it in your basement[/b]. no more having to deal with banks that don't want to serve their customers.  At the same time,  you can take you current checking and savings  and leave capitol one..

this way you have instant access to anything you would normally put in the safe deposit box.  gold, passports, birth certificates car titles, deeds, ect...

[/quote]

Agree with everything but the basement.  Put it on an upper floor where it can't get flooded.  You don't even need to spend $500; about half that will get you a decent safe.  It will come with hardware to bolt it to the floor, so burglary won't be an issue.

In addition to not being very accessible, a safe deposit box isn't even all that safe.  Just look for stories about flooded bank branches in Houston to see what went on there.[/quote]

My basement is a walk out.  no worry about a flood.   I got one of these  https://www.sentrysafe.com/product/S6370  about ten years ago.

holds gold, sllver, documents a few pistols and ammo.  can't bolt it to the ground  but it weighs nearly 300 lbs.  so not the easiest thing to steal.

and if you buy a safe,  stay away from the electronic locks.  old school dial combo is all you need  and won't ever fail.  one area where analog is great.[/quote]

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