Topic: Safe Deposit Boxes
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League updates safe deposit lease form
NEWS: The League has updated its Safe Deposit Box Lease (WCUL #81071, Rev. 12/25) (Sample). Credit unions that currently subscribe to this form will automatically receive the new version in […]
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Safe deposit box surrender by mail
Q&A: Here’s a question that a Wisconsin credit union recently asked The League’s Legal Affairs team, along with our answer. Do you have a compliance question? Contact The League’s Compliance […]
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Access to safe deposit box by an agent under a power of attorney
Q&A: Here’s a question that a Wisconsin credit union recently asked The League’s Legal Affairs team, along with our answer. Do you have a compliance question? Contact The League’s Compliance Hotline […]
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#81071 – Safety Deposit Box Lease (Rev. 12/25)
Use for: Safe deposit boxes. Operating a safe deposit program requires professionally developed policies and procedures, and specially trained staff. See ii Release No. 0146 for related information about safe […]
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0146 Safe Deposit Boxes
This release provides a summary of issues for credit unions to address in their safe deposit box programs. While leasing safe deposit boxes has its hazards, a credit union can […]
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Wis. Stats: 186 Credit Unions (state-chartered only) as regarding safe deposit boxes.
186.113(14m) Safe Deposit Boxes.
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Wis. Stats: 177 Uniform Unclaimed Property Act as related to a safe deposit box.
177.16 Contents of safe deposit box or other safekeeping repository. 177.20 Custody by state … payment of safe deposit box or repository charges.