This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Financial Records Emergency Preparedness Tips From UMB

UMB Bank, n.a., of UMB Financial Corporation (NASDAQ: UMBF), provides the following perspective to address best practices for safeguarding personal and financial records in case of disaster or emergency:

Preparing for a disaster is a crucial activity - especially for those who live in an area that is prone to natural disasters, such as tornadoes, hurricanes or earthquakes. Many people wisely prepare for these unfortunate events by making an emergency kit filled with non-perishable food, water bottles, flashlights, etc. However, it is just as important to prepare a safe place to keep all important documents, especially personal records and financial documents.

There are several options available for safely storing personal and financial documents. Safe deposit boxes can be purchased at local general retail stores, office supply stores and even online. They vary in size and price, so individuals should research before purchasing to ensure needs are met.

Home safes can be purchased at the same stores as safe deposit boxes, as well as at hardware stores and big-box retailers. For more options and expert advice, research professional home security retailers and locksmiths as well. Additionally, most banking centers offer bank safe deposit boxes. It’s recommended to select a bank branch that is a significant distance from one’s home to increase the likelihood that the bank will not be affected by the same disaster.

If records are kept in a home safe deposit box or home safe, back-up copies of these documents should be located somewhere else, such as in a bank safe or with a relative who lives a significant distance from the individual’s home.

Look for a safe, or safe deposit box, that can withstand 1700 degrees. For those who live in an area where tornadoes or hurricanes are more likely, it is also recommended to keep these in the basement. Even if one does not live in an area where these events are likely to occur, it is a good idea to keep a safe or safe deposit box in lowest level of the home in case the floor falls through in the event of a house fire.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs