Customers who have a box with Chase will be able to keep the box as long as the branch stays open, but they will not be able to open a new one at another location.īanks long stopped opening up cavernous branches with dozens of teller windows and a vault the size of a one-bedroom apartment.
A spokesman for the bank said Chase decided late last year to stop offering new deposit boxes to customers as a “business decision” but declined to share specifics.