FAQ

FAQ

  1. Why do you need a safe deposit box?
    • A safe deposit box is a convenient place to store important items that would be difficult or impossible to replace. The box also offers privacy (only you know what’s inside) and security. Although many people like to keep valuables close by in a closet, safe or file cabinet at home or in the office, these places probably are not as resistant to fire, water or theft. Also, some insurance companies charge lower insurance premiums on valuables kept in a vault box instead of at home.
  2. What happens to my safe deposit box if my bank fails?
    • When an insured bank or thrift closes, the Federal Deposit Insurance Corporation (FDIC) usually arranges for another institution to take it over, including branches where you might have a safe deposit box.
      In those situations, you should be able to conduct business as usual.
      If the FDIC cannot find a buyer for your bank, it arranges for you to remove the contents of your safe deposit box so you can obtain a box at another institution, if you wish.
      This is done within a few days after the bank fails.
  3. Why Colorado Vault & Safe Deposit Box Co over your local bank?
    • Our facility normal hours will be from 9am to 6pm, however by appointment and in extreme emergencies you can access your box anytime of the day or night.
    • Colorado Vault & Safe Deposit Box Co. has state of the art security that is superior to current banks. Colorado Vault & Safe Deposit Box Co. has only highly trained employees whose only job is dedicated to your personal security.
    • In the present economy when banks are closing and consolidating Safe Deposit Boxes are increasingly more and more difficult to obtain. Presently, all banks who offer boxes have less than 3% of their boxes available; and those sizes available are usually the smallest (3×5).
    • If your bank closes or goes out of business you may not be able to access your items immediately. In some case you will have to wait days or perhaps weeks before you have the opportunity to recover your valuable items.
  4. How much does it cost?
    • Boxes range from $60 to $500 per year
    • Equates to less than $5 per month
  5. Where are you located?
    • Conveniently located 8226 S Holly St, Centennial, CO 80122
  6. What items should go into a safe deposit box?
    • Any personal items that would cause you to say, “If I lose this, I’m in trouble.” Important papers to consider putting into your box: originals of your insurance policies; family records such as birth, marriage and death certificates; original deeds, titles, mortgages, leases and other contracts; stocks, bonds and certificates of deposit (CDs). Other valuables worthy of a spot in your safe deposit box include special jewels, medals, rare stamps and other collectibles, negatives for irreplaceable photos, and videos or pictures of your home’s contents for insurance purposes (in case of theft or fire damage.)
    • See Attached Checklist

Are Your Valuables Safe?

We invite you to stop by and visit us to learn more about how we can help you.

8226 S Holly St, Centennial, CO 80122 Map

Call us at (720) 879-7134

Business Hours
Weekdays: 9AM - 6PM
Saturday: 9AM - 2PM
Sunday: By Appointment
24 Hour access available by appointment.

Co-Founder Frank Robinson

Frank Robinson graduated from Boise State University with a degree in Business Administration, emphasis in Human Resources. He also has a Master of Arts in Organization Management from the University of Phoenix. Frank played professional football for the Denver Broncos and Jacksonville Jaguars for 3 years. Learn More...

Co-Founder Stewart Gallagher

Stewart Gallagher graduated from Colorado State University with a Major in Political Science and minors in both Economics and Philosophy.  Over the past 12 years Stewart has worked for 3 major financial intuitions holding various positions from teller to Assistant Vice President-Branch Manager. Learn More...