how is a credit union different from a bank?\na credit union offers services to companies instead of…

how is a credit union different from a bank?\na credit union offers services to companies instead of individuals.\na credit union only offers credit; it does not store money.\na credit union is usually larger than a bank.\na credit union is owned by its customers.

how is a credit union different from a bank?\na credit union offers services to companies instead of individuals.\na credit union only offers credit; it does not store money.\na credit union is usually larger than a bank.\na credit union is owned by its customers.

Answer

Brief Explanations:

Credit unions are member - owned financial cooperatives. Banks are typically for - profit institutions owned by shareholders. Credit unions serve individuals who are members (customers), offer a range of services including savings and credit, and are usually smaller in scale compared to large commercial banks.

Answer:

D. A credit union is owned by its customers.