Question

what are the main differences between a commercial bank and a credit union?
ownership, profit distribution, membership eligibility, and focus on community involvement
customer service quality
size and location of branches
types of loans offered

Explanation:

Commercial banks are for - profit, owned by shareholders, and serve the general public. Credit unions are non - profit, owned by members (who must meet certain eligibility criteria), and often have a stronger community focus. Ownership, profit distribution, and membership eligibility are fundamental differences, with community involvement also varying. Customer service quality, branch size and location, and loan types can vary within each but are not the main differentiators.

Answer:

Ownership, profit distribution, membership eligibility, and focus on community involvement