Safety deposit boxes offer enhanced security for valuables but aren't accessible outside bank hours. Items in safe deposit boxes are not FDIC insured; separate insurance is needed for coverage. Legal ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Betsy began her career in international finance and it has since grown into a comprehensive ...

Safe deposit boxes are a danger hidden in plain sight. It is tempting to think of them as an appropriate repository for all things valuable: jewelry, coins, cash, wills, powers of attorney. Cash is ...

Standard FDIC and NCUA insurance covers up to $250,000 of deposits and interest earned on those deposits. Online-only banks also provide FDIC insurance, but fintech companies aren't part of the FDIC ...

Items that are difficult or impossible to replace, such as important documents and family heirlooms, are ideal for safe deposit boxes. It is not advisable to store items that may be needed quickly or ...