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What Happens To Your Safe Deposit Box If The Bank Fails?

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nod2003's Avatar
United States
3294 Posts
 Posted 03/15/2012  4:26 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
I don't know why people are scared of tornadoes in the midwest. There seem to be a lot more of them in the south.
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vermontensium's Avatar
United States
16679 Posts
 Posted 03/15/2012  4:47 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
We did have one in California a couple years back that overturned a freight train, it was classified an F2. They say every State has had one.
Here is a picture:

http://www.google.com/search?tbm=is...bih=508#i=14
swcoin.ecrater.com
Edited by vermontensium
03/15/2012 4:50 pm
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jbuck's Avatar
United States
189222 Posts
 Posted 03/15/2012  4:58 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I don't know why people are scared of tornadoes in the midwest. There seem to be a lot more of them in the south.
Quality, not quantity.

If I recall correctly, the Midwest ones tend to be stronger and last longer.
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Conder101's Avatar
United States
17884 Posts
 Posted 03/16/2012  10:27 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
If I recall correctly, the Midwest ones tend to be stronger and last longer.

We also tend to have a higher population density so property damage and injuries tend to be greater.
Bedrock of the Community
United States
20753 Posts
 Posted 03/17/2012  10:53 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

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Carl The likelihood of any of the above happening are slim and many of them are dependent on where one lives, but I am also sure the people in Paricutin Mexico didn't just wake up one day knowing a volcano was just gonna pop up in the middle of a corn field either. I am sure someone as astute as yourself can see the benifit of knowing the risks, however small they may be.

We just don't allow Hurricaness, Tornados, Earthquakes, mud slides, brush fires, etc by me. No strong winds, no floods, just nothing that ruins or distroys anything. Really boring that way but safe. We simply passed laws agains them.
AND EVERYONE knows all you have to do is pass a law and POOF, all is now OK.
Always wondered why everyone just doesn't move here.
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DM1975's Avatar
United States
284 Posts
 Posted 03/19/2012  12:22 am  Show Profile   Bookmark this reply Add DM1975 to your friends list Get a Link to this Reply
Carl, forgive me please, I just viewed your profile and saw what state you live in. You have my sympathy. Keep up the good fight... Wait, theirs a law against that too right?
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 03/19/2012  01:45 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
However the midwest scares me with the storms and tornadoes and floods. Never been over there but it looks insane.

Floods are more or less predictable. After being flooded out twice in a few years, the flood insurance people gave the locals two options: rebuild again with no insurance, or move about a half mile to higher ground.

And some people insisted on staying where they were.
Bedrock of the Community
United States
20753 Posts
 Posted 03/19/2012  10:08 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
Floods are more or less predictable.

By me a long time ago we had a sort of flood right where I live. Sewers blocked up with leaves so we had almost an inch of water in the streets from rain.
Just for fun I asked at a BOA brance what happens if this bank fails. The officer said the world would probably end too. I said but what about our Safe Deposit Boxes? They told me to call the main office for that info.
Edited by just carl
03/19/2012 10:11 am
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glenzy1's Avatar
Canada
1554 Posts
 Posted 03/19/2012  10:17 am  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
It amazes me how you Americans deal with all the weather situations you have down there. I don't think a week goes by not hearing about hurricanes, tornadoes, earthquakes, wild fires, droughts, heat waves, floods, etc. Here in Eastern Canada we have the odd snow storm; and now that Global Warming is here to stay, our winters are like Florida's!

Glenn
Bedrock of the Community
United States
20753 Posts
 Posted 03/19/2012  10:28 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
It amazes me how you Americans deal with all the weather situations you have down there. I don't think a week goes by not hearing about hurricanes, tornadoes, earthquakes, wild fires, droughts, heat waves, floods, etc.

Here in the USA our weather problems are in many instances due to the overkill of our newsmedia. They tend to only show the worst of a something and seldom the entire story. Many years ago there was a Tornado on the far South side from where I'm at. On the news it appeared that the entire area was now gone. I went to visit people I know in the area and was shocked at how little real damage was done.
For some reason by me the newsmedia tends to overkill on many things. I've been in so called massive traffic jams that hardly existed at all. And I've been stuck in traffic that didn't move at all and the traffic reports on the radio said all traffic is moving great. And as to the WEATHER reports? By me the only thing to do is look out a window since all our weather reports are comidal.
Yes there are places that do have massive weather problems but then too there are places that are very, very stable and you'll never hear in the news about those.
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CaptainFwiffo's Avatar
United States
4132 Posts
 Posted 03/19/2012  10:54 am  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
Well, they're not going to show a lot of pictures of all the houses that weren't destroyed or the planes that didn't crash. Those things are only news when they're the dog that didn't bark.
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DM1975's Avatar
United States
284 Posts
 Posted 03/19/2012  11:08 pm  Show Profile   Bookmark this reply Add DM1975 to your friends list Get a Link to this Reply
Agreed about the media hype. All this bad weather across the country this week and I was still able to do several days of landscaping and get a tan while doing it. Finally got some rain today but nothing bad at all. Tornados to the north and south of us but calm here, and has been for a while now. Shoot, we only had three days of good snow this whole winter.
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BoomerSoonerOKU's Avatar
United States
128 Posts
 Posted 03/20/2012  12:02 am  Show Profile   Bookmark this reply Add BoomerSoonerOKU to your friends list Get a Link to this Reply
I have some of my coins in a 10" x 10" safety deposit box in my bank. The branch is less than a mile away from my house, so if a tornado hits the bank it is more than likely going to affect my house as well. Not to mention, the large vault door and construction of the vault is probably going to protect better and take a lot more abuse than what is currently in my house. When I finally get the go ahead to buy a nice gun safe that can be anchored down the collection will be relocated to my house, but in my mind it's the best scenario for me all things considered.

Not to mention with the PIN I have to enter and then the biometric scan it makes visiting my collection like going to the bat cave or something. Sort of like a superhero, but a nerdy-coin collecting one.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 03/20/2012  06:48 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
expected record high of 85° in central ahia today.
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