Safe Deposit Boxes


Keystone Credit Union has safe deposit boxes available for lease to its members.
The safe depost boxes are located at the Rice Road location. 
Below you will find additional informaiton:

Rent

Box Size Rental Amount
3" X 5" $20.00
3" X 10" $30.00

Rent shall be collected in advance at the time the box is assigned. 
The rent is prorated from the date of the lease agreement to December 31 in the year that the box is leased. 
Annual rent will be automatically transferred from the member's account in January each year, thereafter. 
Annual rental fees and box sizes are shown below:

Keys

Two keys are issued for each box rented.  A deposit of $5.00 per key will be collected at the time of issuane.  The key deposit is refunded when the keys are returned at the termination of the lease.  If one or both keys are lost, the member will give immediate written notice of the loss to the the credit union.  The member is to bring in the remaining key to open the safe deposit box, in order for the lock and keys to be replaced.  The credit union does not retain a key for any safe deposit box rented.

Joint Owners

If the safe deposit box is leased by more than one perons, they will have joint tenancy with right of survivorship for the safe deposit box and the lease.

Access

The vault in which the safe deposit boxes are located (Rice Road location), will be open during normal business hours, Monday-Friday.  The credit union may deny entry into the safe deposit boxes when:

  • Rent or any other charges under the terms of the lease are past due.
  • The credit union is served with an order or other legal process which directs the credit union to make such refusal.

Termination

The credit union may terminate the safe deposit box lease by giving the member written notice thirty days prior to the end of the lease.  Within that time period, the member will remove all contents from the safe deposit box and return the keys to the credit union.  The credit union will refund any prepaid rent for the period remaining on the lease.

The member may end the lease of the safe deposit box by giving written notice to the credit union and simultaneously removing all of the contents from the safe deposit box and returning the keys to the credit union.  If the member ends the lease, there will be no refunds awarded to the member by the credit union.