Covered storage bin

A storage bin comprising:

• a box including a bottom and at least four walls extending from the bottom to an upper rim;
• a lid hingedly connected to the rim such that the lid closes the box when the lid is in a closed position, the lid defining a planar lid surface with an upwardly extending peripheral raised edge thereabout;
• and
• a lock assembly including a box slot extending through one of the walls, a depression in the lid which is in communication with a lid slot extending through the peripheral raised edge at a location below the planar lid surface, and a lock arm positioned within the depression, the lock arm including a body pivotally connected to the lid, a control member extending outwardly from the body and a latch member extending outwardly from the body and radially spaced from the control member in fixed relation to the control member, the control member moveable within the depression from a locked position wherein the latch member extends through the lid slot and into the box slot and an open position wherein the latch member is clear of the lid and box slots.