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Question
question 8
what is one advantage of a bank over a credit union?
you will always have lower fees at a bank
banks offer online banking, credit unions do not
banks usually offer a lot more types of checking accounts to choose from
banks give better interest rates for mortgages
Brief Explanations
- Banks typically have more resources and a larger customer base, allowing them to offer a wider variety of checking account products tailored to different needs.
- The other options are incorrect: credit unions often have lower fees, many credit unions offer online banking, and credit unions frequently have better mortgage interest rates.
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Banks usually offer a lot more types of checking accounts to choose from