Multiple choice

Not-for-profit banks set up by organizations for their customers are called:

  1. check-cashing services

  2. credit unions

  3. finance companies

  4. savings and loans
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Credit unions are member-owned, not-for-profit financial cooperatives that provide banking services to their members, often those sharing a common bond like an employer or community.

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