How are credit unions similar to banks

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asked Nov 12, 2020 115k views

2 Answers

Thyandrecardoso · Answer 1 · 2020-11-14T02:44:37+0000

Answer:

The bottom line is that banks are for-profit institutions, while credit unions are non-profit. Credit unions typically brag better customer service and lower fees, but have higher interest rates. ... Both banks and credit unions provide similar services such as checking and savings accounts, loans and business accounts.

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How are credit unions similar to banks

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