Category: Security Are Safe Deposit Boxes on Their Way Out? TASA ID: 1018 "Safe deposit boxes are obsolete, soon to be history, fading away fast, loss leaders, relics from the past and on their way to oblivion." These are several of the negative and totally incorrect statements made recently in a news story published by a large New York business news publication. . . Read more
Category: Financial/Economic, Safety, Security Safe Deposit Boxes: Profit Center or Loss Leader? TASA ID: 1018 As a nationally recognized safe deposit box specialist, I am often asked what techniques could be put in place to transform this “loss leader” into a lucrative endeavor. My answer is always simple and concise: know your market, evaluate and train your department staff, and review your box rental rates, fees, programs and policies. Read more