The bank, at its downtown location, rents safe deposit boxes for the secure storage of important documents and valuables. Rentals are on a first come, first serve basis. Two keys are issued to the lessee and these are the only keys available to enter the box. The bank does not have any keys to access any box which is currently leased by you.
Rentals are for one year, paid in advance. Renewal invoices are sent annually based upon the month in which the box was originally leased by you.
The only persons who may enter a safe deposit box must be authorized on the lease agreement. Entry to a safe deposit box requires a signature verification which compares your signature on the access slip with the signature on the original lease agreement.
The cost of renting a safe deposit box are as follows:
| Box Size | Annual Fee |
| 2" x 5" | $ 8.00 |
| 3" x 5" | $12.00 |
| 5" x 5" | $16.00 |
| 3" x 10" | $20.00 |
| 5" x 10" | $30.00 |
| 10" x 10" | $40.00 |
| 10" x 20" | $60.00 |
If a box size is not available, you can request to be placed on a waiting list. When it becomes available, we will call you.
In the event that you should lose both keys to the safe deposit box, the bank will contract with an independent locksmith to open the box. The cost for emergency drilling of the safe deposit box is $100 and payable before any work begins. You must also be present at this forced opening.
Upon termination of the safe deposit lease, you must return the two keys issued to you originally. If you unable to return one or both keys, you will charged $7.50 for each key not returned to the bank.
All fees are subject to change without notice.
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Copyright © 1996-2004 Farmers & Merchants Bank & Trust
Last Updated:
Thursday, May 10, 2007
