Your Money 101: Where to find a Safe Deposit Box in Portland, OR

July 23, 9:48 AMPortland Your Money ExaminerKrista Van Veen

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     Keep your valuables and documents SAFE!

A Safe Deposit Box is the best place for your valuable jewelry, assorted treasures and legal documents.  Safe deposit boxes are available at most major bank branch locations but be sure to call ahead for availability.  The yearly rental fee varies depending on the size of the box you rent and the type of the account(s) you have with the bank.  Here is a guide to finding a Safe Deposit Box and renting one in your neighborhood:

Albina Community Bank:  Contact your local Albina Community Bank branch or call 503-287-7537.  (Safe deposit boxes only available at the Social Impact, St. Johns and Rose City branches.)

Bank of America:  Contact your local Bank of America branch for details or call 1-800-432-1000 in OR and 1-800-442-6680 in WA.

Banner Bank:  Safe deposit boxes are available at the Lake Grove Branch 503-534-1000 and the East Vancouver Branch 1-360-896-6684.  Call for details on availability and pricing.

Columbia Credit Union:  Safe deposit boxes are available at the following branches:  Downtown Vancouver, Grand Central, Hazel Dell, Cascade Park, Orchards, 192nd at Riverstone and Washougal.  Contact your local branch of Columbia Credit Union for more details.

Lewis and Clark Bank:  No safe deposit boxes available.

Sterling Savings Bank:  Contact your local Sterling Savings Bank branch for details or call 1-800-772-7791.

Umpqua Bank:  Call 1-866-4UMPQUA (1-866-486-7782) for details

US Bank:  Contact your local US Bank branch or call 503-US BANKS (503-872-2657) for details.

Unitus Community Credit Union:  Contact your local Unitus Community Credit Union branch for details or call 503-227-5571.  (There are no safe deposit boxes available at the Mill Plain Crossing or the Tanasbourne branches)

Washington Trust Bank:  No safe desposit boxes available.
 
Wells Fargo Bank:  Contact your local Wells Fargo branch for details.

Tip:  Generally, there's an annual rental fee for your safe deposit box.  Set it up to be paid automatically from your checking/savings account.  Remember, 1 in 4 Oregonians has unclaimed property that was left behind in abandoned or forgotten safe deposit boxes!  Don't be the one!  Be sure and note in your records at home that you have a safe deposit box, which branch it's located at and where you store the key.

Homework:  If you don't have a safe deposit box, call your bank and plan on opening one very soon.  They offer uncomperable protection for your valuables and important documents.  I recently got my passport renewed.  Tomorrow, I'm renting a safe deposit box and putting the passport in it along with my birth certificate and other important documents. 

Documents that should be stored in a safe deposit box (it's a good idea to keep copies at home, as well)
*  Deeds and titles
*  Marriage licenses and divorce decrees
*  Birth certificates
*  Home Inventory
*  Social Security cards
*  Stock Certificates
*  List of bank accounts, brokerage accounts, certificates of deposit, and credit cards (with account numbers and branch locations - I also list web addresses, logins, passwords, security questions and beneficiaries)
*  Insurance policies
*  Passport
*  Tax returns (past seven years)
*  Wills and trusts
*  Power of Attorney
*  Medical directives
*  Funeral and burial instructions

If I missed your bank or credit union and you'd like it added to the list, please leave a comment below or send me an email to yourmoneyexaminer@gmail.com.

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