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A financial institution where the users are the owners and generally share a common bond are known as

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Answer: Credit unions

Step-by-step explanation:

Credit union is a nonprofit-making money institution whose members can borrow from deposits at low interest rates and share profits with owners.

Their aim is to serve each member by helping them to get funds at low interest .

Hence, a financial institution where the users are the owners and generally share a common bond are known as Credit union.

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User Joey Gibson
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