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Bookmark or Share- Things You Didn't Know About Safe Deposit Boxes - AARPWhether you currently rent one or are considering getting one, here are 10 things to know about safe deposit boxes. 1. The contents are not insured. The Federal Deposit Insurance Corporation (FDIC) defines a safe deposit box as a “storage space provided by the bank.”
- What Is a Safe Deposit Box? | SoFiA safe deposit box (also called a safety deposit box) is a secure locked box, usually made of metal, that stays in the safe or vault of a federally insured bank or credit union. They are typically used to keep valuables, important documents, and sentimental keepsakes protected from theft or damage.
- Safe Deposit Box: What To Know - BankrateA safe deposit box is a secure container, usually made of metal, that’s used to store valuables at a bank or credit union.
- Safe Deposit Boxes: Store This, Not That - InvestopediaSafety deposit boxes are designed to withstand natural disasters such as fires, floods, hurricanes, and tornadoes. Never store the only copy of an important document in a safe deposit box....
- Banking 101: What is a Safe Deposit Box? - Enterprise BankA safe deposit box (or safety deposit box) is an individual secure container, usually a metal box, that is stored in a locked room such as the safe or vault of a federally insured bank or credit union.
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