Quote:
Originally Posted by Michael G.
Do you use them?
How safe do you think they are?
From what I read, there is no federal control over, or what banks do with them.
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I am POA for a brother, and he has a safe deposit box in a big national bank. The bank employee spent ten minutes trying to open it with the keys, my brother’s and the bank’s. It had not been opened in so many years that corrosion or rust has frozen the lock. Good luck to any safe cracker.
About three quarters of the boxes in the vault were open and unused.
I have a fireproof wall safe at home. I am sure any determined thief could crack it, but I consider that to be an unlikely event. I know of only one burglary in The Villages, and in that instance only dresser drawers were emptied, as it appeared the ransacking was brief and unskilled.