Social Studies

Hatfield

9 February, 10:47

A local credit union is offering 3% interest on its savings accounts, while a local bank offers 3.5% interest. What would NOT be a good reason for a person put their money in the credit union anyway?

Select the best answer from the choices provided.

Credit unions are insured for more money than banks.

Credit unions have no fees on the account.

Credit unions offer better loan rates to members.

Credit unions provide better customer service.