
Since digital records and cloud storage are increasingly becoming the norm, those bank-building-based safe deposit boxes might seem quaint, dated and perhaps unneeded, even at the best bank for you.
But don't rush to declare the safe deposit box a relic of the past just yet, though many banks are eliminating them. There likely will be times when you'll need certain original documents (including ones that have a raised seal) rather than digital scans or photocopies, and so you want those to be safely stored. Plus, some valuables simply can't be digitized.