Safe Deposit Boxes

Rent

Rent is collected in advance at the time your safe deposit box is assigned.

Rent is prorated from the date of the lease agreement to December 31 in the year that the box is leased.

Annual rent is automatically transferred from your 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 issuance. 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 must give immediate written notice of the loss to Keystone Credit Union in Tyler. The member must 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 persons, 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) is open during normal business hours, Monday-Friday. Keystone 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 a refusal.