Safety and security considerations Keep in mind valuables kept in a safe deposit box are not FDIC insured. When a bank says it's FDIC insured, it means money deposited in a bank account is insured ...

A safe deposit box is a well-secured storage box housed at your banking institution. Think of it as your own private bank vault. You can use a safe deposit box to store valuable items, important ...

This means that, even in the event of your bank's failure, your money (up to $250,000 at least) is protected. However, safe deposit boxes do not qualify. In a 2018 consumer news statement ...

Rental fees for safe deposit boxes in Canada typically start at $60 per year, though some credit unions charge lower fees for smaller boxes. How to use a safety deposit box ...

STASHING cash in safe deposit boxes, which are commonly used to secure valuables, affects the smooth running of the economy ...

An important part of the home buying process is making an earnest money deposit, or “EMD ... Placing the money in escrow ensures that it remains safe and impartially managed until the ...

The Reserve Bank of Zimbabwe (RBZ) has warned that hoarding cash in safe deposit boxes hurts the country's economy.

Mizuho Bank Ltd. on Feb. 18 revealed it had disciplined and fired an employee several years ago for stealing tens of millions of yen worth of money and goods from safety deposit boxes. The ...

The Financial Services Agency on Thursday proposed revising its guidelines for oversight of banks to put their safe deposit boxes under stricter control. The move follows a recent series of safe ...