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Safe Deposit Box

A Safe Deposit Box is intended to offer our members secure storage for their valuables. Safe Deposit Boxes are fireproof metal boxes located in the credit union vault. Boxes must be accessed under dual control, meaning the owner of the box and an employee of the credit union must be present to retrieve the box.

The boxes are opened under the primary member's account number. Additional people may be added to the box ownership, but these individuals do not automatically have access to other accounts on the membership.

Annual rent is debited from member's account each year. There is a $25 key deposit for two keys, refundable when both keys are returned when box is surrendered. There is an additional $25 fee if box key(s) are not returned when box is surrendered.

Safe Deposit Boxes are NOT covered by NCUA Share Insurance Fund, since the contents are private and a value cannot be determined by the credit union.  However, members may purchase insurance coverage as part of a homeowner's policy or a safe deposit box insurance policy from any outside insurance company.

Available box sizes and annual costs are shown below.  Subject to availability.

3 x 5 $30.00/year Melbourne, Rockledge, Palm Bay, & Titusville
3 x 10 $40.00/year Melbourne, Rockledge, Palm Bay, & Titusville
5 x 10 $60.00/year Rockledge & Palm Bay
10 x 10 $100.00/year Rockledge & Palm Bay

Contact a Member Service Representative if you have a question about a safe deposit box at 321.690.2328 (outside Brevard 1.800.690.2338) or contact us at memberservices@ccuFlorida.org.


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