A success story in the private safe deposit box industry….Read more here….
S Private Vaults, Inc. is entering its third year providing a secure and private alternative to bank safe deposit box rentals. New bank locations are downsizing to feature easy access to ATM machines with expansive parking spots and a minimal staff to handle more complicated transactions. This trend towards minimalist bank locations means that certain higher cost and lower margin services, like safe deposit boxes, are not offered in these new locations.
Bank customers still demand the ability to store their valuables in a secure bank vault, even though banks are increasingly not offering this service. This creates an opportunity for private safe deposit box rental companies throughout the United States. USPV has been renting safe deposit boxes of all sizes since 2012 – with rentals of larger boxes most in demand. “Banks just don’t have large safe deposit boxes available like we do – and they are renting out fast,” says Kent Martin, USPV’s C.E.O.
U.S. Private Vaults describes itself as “the private alternative to bank safe deposit box rentals.” USPV allows its customers easy, fast access to their secure safe deposit boxes in “under 3 minutes door to door” says Martin. “Accessing a safe deposit box at a bank is a huge hassle. Customers have to park in a garage, ride an elevator, stand in line and hope that a bank employee has time to personally escort you into the vault and use their master key to allow your key to work. At USPV the customer has the only keys in the world to their own private box. Parking is directly out front of our convenient Beverly Hills location, and customers are identified solely by biometric iris scan at the entrance to the vault door. You access the vault in private with no need for a vault employee, using your own key. Privacy rooms are available. We see customers in and out in under 2-3 minutes daily,” says Martin. “Customers can see photos and videos of our facilities right on our website, so they are comfortable with us before they come in.”
