Safe Deposit Box Policy
Updated 08/03/2026
This sample policy provides a framework to help the bank maintain appropriate controls and security of the Bank’s safe deposit box program. The policy should be customized to reflect the Bank’s operations and applicable state law.
Rule: Applicable State Law
Toolkit: Policy Tools
Keywords: Safe Deposit Box, Safe Deposit Box Policy, Safe Deposit, SDB Policy
8/3/2026 – Revised the Record Retention section to remove the fixed seven-year retention period and clarify that safe deposit box records are retained in accordance with the Bank’s Record Retention Policy and applicable state law.
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