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  Home >> Safe Deposit Boxes  
Many Bank Mergers: Does Safe Deposit Box Exist?

My wife's grandmother just passed away at the age of ninety-eight. While my wife and her mother were going through her photo album, they found a key inside an envelope from the Mount Vernon Trust company in Mount Vernon, NY. The assumption is that it is a safe deposit box key. Now, the bank of Mount Vernon Trust had gone through many mergers and is now part of the Bank of NY, Mellon, but I dont see that they have a branch in Mt. Vernon anymore. We are curious about finding the whearabouts of the contents (providing it is a safe deposit box key). It doesn't seem that the grandmother had been making payments for the box, and we wonder how that affects the whole situation.


Contact the Bank of New York's nearby office to see if it has any record of what may have happened to safe deposit boxes at the Mt. Vernon branch, and whether the key you've found is even a safe deposit key. It does seem rather unlikely there is a box in your late grandmother's name if there is no evidence she was making rental payments for one.

Published on BankingQuestions.com 8/11/10