That term may apply to the CIP notice, since safe deposit customers are customers for the purposes of the CIP rules; but it's more likely a notice that the bank and FDIC do not insure the contents of boxes, and the customer should obtain coverage from the customer's insurance agent.
In some states, a notice of this type is required. Whether or not required, I think it's a good idea.
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John S. Burnett
BankersOnline.com
Fighting for Compliance since 1976
Bankers' Threads User #8