J.R. Whalen

speaker

37,077 appearances 1,141 recordings 1 series first heard Sep 2017 last heard Jan 2025

J.R. Whalen’s voice in public audio — every appearance, attributed to the second.

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It's getting harder to find a bank that offers safe deposit boxes. voice-verified

Wall Street Journal Deputy Personal Finance Bureau Chief Ben Eisen joins me. voice-verified

Ben, these boxes have been offered for decades. voice-verified

In a lot of cases, they're inside of vaults. voice-verified

When did banks begin phasing them out? voice-verified

Safe deposit boxes seem like they're as common a service as walking into a bank and applying for a loan. voice-verified

When banks do open new branches, are they carving out space for deposit boxes? voice-verified

Is there a real need for safe deposit boxes? voice-verified

What else besides valuables and documents do people put in the boxes? voice-verified

What does it usually cost to rent one? voice-verified

Traditionally, they've been pretty cheap. voice-verified

But a lot of people see them as useful. voice-verified

How are consumers reacting to this? voice-verified

You spoke to some banks that have been eliminating safe deposit boxes. voice-verified

What did they tell you? voice-verified

What options do consumers have who want to keep their belongings and documents in a safe place? voice-verified

That's WSJ reporter Ben Eisen. voice-verified

And that's it for your Money Briefing. voice-verified

Tomorrow, we'll have our weekly markets wrap up, What's News in Markets. voice-verified

And then we'll be back on Monday. voice-verified

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