which of the following is not protected by the fdic? a. safety deposit boxes b. savings accounts c. checking…

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\) please select the best answer from the choices provided a b c d

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\) please select the best answer from the choices provided a b c d

Answer

Brief Explanations:

The Federal - Deposit Insurance Corporation (FDIC) insures deposits in banks and savings institutions. Savings accounts, checking accounts, and Certificates of Deposit (CDs) are types of deposits. Safety deposit boxes are storage units rented from a bank and are not deposits, so they are not protected by the FDIC.

Answer:

A. Safety deposit boxes