New York State Safe Deposit Association (NYSSDA)
What is NYSSDA? New York State Safe Deposit Association (NYSSDA) was organized in 1906. NYSSDA is a not-for-profit, voluntary membership organization. Its member organizations are commercial banks, thrifts (savings associations and savings & loan organizations), and other organizations in the public retail safe deposit rental business. Member organizations make available to the public thousands of safe deposit boxes.
What Does “NYSSDA” Do? NYSSDA serves the needs of its member organizations by providing an intelligent, alert network of individuals who know all significant aspects of the safe deposit business. Through periodic business meetings, business luncheons, educational events, and various publications, NYSSDA provides a forum for keeping representatives of its member organizations current and aware of the intricacies of their business.
How Do NYSSDA Members Benefit? Membership in NYSSDA provides organizations with comfort that they will have timely access to state of the art information. Members are made aware of trends, ideas, new developments and pending and actual legal and regulatory requirements. Organizations that are serious about the safe deposit business use membership as an inexpensive way of keeping “plugged in” to industry happenings.
How To Join NYSSDA! An application for membership is included in the MEMBERSHIP APPLICATION section of this website. NYSSDA cordially invites all organizations doing a retail safe deposit business to join and to participate actively in its efforts to promote friendly cooperation and competition and better safe deposit practices.
If your organization takes a serious view of the safe deposit business, it should join NYSSDA. If you need more information about NYSSDA feel free to call the Executive Secretary, who will be happy to talk with you about NYSSDA.