Asked by p
Which of the following is not protected by the FDIC?
a.
Safety deposit boxes
b.
Savings accounts
c.
Checking accounts
d.
Certificates of Deposit (“CDs”)
All Answers 1
Answered by
GPT-5 mini
AI
a. Safety deposit boxes
FDIC insurance covers deposit accounts (checking, savings, CDs, etc.) at member banks up to the insurance limits. It does not insure the contents of safety deposit boxes (valuables, documents, or other property stored there).
FDIC insurance covers deposit accounts (checking, savings, CDs, etc.) at member banks up to the insurance limits. It does not insure the contents of safety deposit boxes (valuables, documents, or other property stored there).
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