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21 August, 16:17

Which of the following is a unique feature of credit unions?

ACredit unions are typically owned and run by their members.

BCredit unions limit membership to certain people or groups.

CCredit unions offer a wide variety of banking services.

DBoth A & B

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  1. 21 August, 18:57
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    The correct answer would be D. Credit unions are typically owned and run by their members which means that members earn any profits from the credit unions and they usually elect a board or other leadership entity to make decision for them. They are also usually limited to some kind of location or group of people depending on the type of credit union.
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