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Safe Deposit Boxes

 

Safe deposit boxes provide Tonawanda Valley Federal Credit Union members with a safe, secure place to store valuables and important documents. Only a person properly authorized on the records of the Credit Union will be allowed access to a safe deposit box.

There are 3 safe deposit box sizes available for rent:

Size

Fee

Small 2” x 5” x 22” $30.00
Medium 5” x 5” x 22” $45.00
Large 3” x 10” x 22” $55.00
*Does Not Include New York State Sales Tax*

KeyRenting a Safe Deposit Box

  • A safe deposit lease agreement needs to be signed by all renters and if applicable, any deputy, and witnessed by a TVFCU employee. The primary person on the Credit Union share account must be the primary member on the lease agreement.

  • A safe deposit box will be assigned to you with 2 keys.

  • An access card is completed with appropriate signatures and a log is kept of each entry into the safe deposit box.

  • Authorized individuals may access the safe deposit box during our hours of operation. You must bring in one of the issued keys to access your safe deposit box.

  • If you lose one of your keys, the safe deposit box will be closed and another box will be assigned. You will be responsible for the cost of replacing the lost key.

  • If both keys are lost, you are responsible for the cost of drilling the safe deposit box. A person listed on the safe deposit lease agreement must be present during the drilling.

  • The rental fee for the safe deposit box will be deducted annually from your share account, normally on the last day of the month in which you rented the box.

  • TVFCU maintains a waiting list when there are no vacant boxes in the size you request.

  • The lease may be terminated at anytime. Partial refunds are given when the safe deposit box is closed and has been leased for less than 6 months.

 
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