daryl would like to open new checking and savings accounts. he wants to join an institution that is not…

daryl would like to open new checking and savings accounts. he wants to join an institution that is not focused on making a profit. which type of banking institution is most suitable for daryl?\no a retail bank\no a commercial bank\no a savings and loan\no a credit union

daryl would like to open new checking and savings accounts. he wants to join an institution that is not focused on making a profit. which type of banking institution is most suitable for daryl?\no a retail bank\no a commercial bank\no a savings and loan\no a credit union

Answer

Brief Explanations:

Retail banks, commercial banks, and savings - and - loan associations are profit - making institutions. Credit unions are member - owned, not - for - profit financial cooperatives.

Answer:

D. a credit union