Which category does NOT classify personal effects?

The classification of personal effects primarily revolves around ownership and the context in which those effects are categorized. The option indicating "Bank-owned" does not fit within the typical framework for personal effects related to military logistics. Navy-owned and Navy-issued items pertain directly to the property and equipment specifically belonging to or distributed by the Navy to personnel. Negotiable and non-negotiable items refer to the financial instruments and documents that can be traded or not, which is also distinct from the concept of personal effects.

The focus of personal effects in a military context is typically on those items directly relating to personnel, including their possessions, gear, or other issued belongings, rather than items owned by external entities like banks. Therefore, "Bank-owned" clearly stands apart from the other categories because it relates to a different realm of possession and responsibility that is not applicable within military protocol for classifying personal belongings.