Question

How are credit unions and savings and loans different from commercial banks and finance companies?

Credit unions and savings and loans are limited to making loans.
Credit unions and savings and loans are protected by the FDIC.
Credit unions and savings and loans are not usually owned by investors.
Credit unions and savings and loans provide services, such as checking accounts.

Answer 1

the answer is

B: credit unions and savings and loans are protected by the FDIC.

Answer 2

credit unions and savings and loans are protected by the FDIC.

Step-by-step explanation: