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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Ken98 who wrote (15731)9/2/2000 1:54:01 AM
From: Thomas M.  Read Replies (1) of 436258
 
Thanks for the feedback and link. I think this answers my question, and confirms Allan's observation that Schwartz had some "issues":

<<< When an insured bank or thrift closes, the 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 box so you can obtain a box at another institution, if you wish. This is done within a few days after the bank fails. >>>

and

<<< A safe deposit box is strictly a storage space provided by the bank. >>>

fdic.gov

Tom
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