Photo by Sarah Shmerling
When it comes to bank locations in Pacific Palisades, Wells Fargo, City National Bank, U.S. Bank and Citibank appear to be unharmed following the Palisades fire, while Bank of America, Chase and First Citizens Bank have sustained major damage.
Several readers have inquired about the status of security deposit boxes at the banks that sustained damage.
“Our thoughts are with the local Palisades community and all those impacted by these devastating wildfires,” Liz Shapiro with First Citizens Bank Corporate Communications said. “Our Pacific Palisades branch sustained major damage. Due to current conditions, we have not been able to assess the full extent of damage, and cannot speak to the conditions inside the branch vault or the safe deposit boxes at this time. Security is stationed adjacent to the site, and as soon as we are able, in accordance with law enforcement instruction, we will determine how to best access the vault and reach out to clients to provide an update.”
Clients were encouraged to direct any questions to the Palisades branch team, which has been temporarily relocated to its Santa Monica location at 401 Wilshire Street, with a phone number of 310-459-2372.
On behalf of Chase, Peter Kelley confirmed that the Palisades location also had security deposit boxes: “We’re still working to assess the damage with local authorities and actively communicating with customers.”
Bank of America did not respond to a request for comment by press time on Tuesday. Additional updates from all banks will be available online as they are received.
—SARAH SHMERLING
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