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Naya [18.7K]
3 years ago
7

A credit union is an example of a

Social Studies
1 answer:
Sedaia [141]3 years ago
8 0
A credit union is a type of not-for-profit financial institution controlled by its members, the people who deposit money into it. While traditional banks are run by shareholders whose goal is to maximize profits, credit unions return all profits to its members in the form of more favorable interest rates
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