Final answer:
Credit-union members have influence over how the credit union operates through their role as owners. They can elect the board of directors, vote on key issues, and participate in annual meetings to voice their opinions and provide feedback.
Step-by-step explanation:
Credit-union members have influence over how the credit union operates through their role as owners. Unlike banks, credit unions are member-owned financial cooperatives. Members have the ability to elect the board of directors, who are responsible for setting and implementing the credit union's policies and strategies. They have the power to vote on key issues such as the selection of board members, approval of financial statements, and changes to the credit union's bylaws.
Additionally, credit-union members can participate in annual meetings where they can voice their opinions, ask questions, and provide feedback on the credit union's operations. They also have the opportunity to serve on committees or volunteer for various roles within the credit union, further contributing to its decision-making processes.
Learn more about Credit-union members' influence