Safe deposit boxes, a longtime fixture at banks worldwide, will soon be a thing of the past at one major banking chain. As Bloomberg News reported Friday (Sept. 30), JPMorgan Chase has begun to phase out the boxes, no longer allowing customers to rent new boxes. The report said that if a Chase branch closes, the boxes will close with it, with box-holders unable to rent a new box at a new location. “We made a business decision to stop offering new safe deposit boxes as of December 2021, but that doesn’t affect current customers who have boxes,” said bank spokesman Tom Kelly.
As an alternative we are offering our Astro series Utility safe. The MERIK Apollo's Patented Design, Drill-resistant, and Torch resistant stainless-steel door with stainless facia plate with rivets, oversized stainless-steel hinges, robust security pedestal, upper equipment cradle, and steel inner liner makes the Apollo one of MERIK's most popular safe models. It's a beast, it's secure and it's well-priced. See the MERIK Astro Safes at www.meriksafe.com