daryl would like to open new checking and savings accounts. one of his primary concerns is avoiding bank…

daryl would like to open new checking and savings accounts. one of his primary concerns is avoiding bank fees. which type of banking institution is most suitable for daryl?\n○ a retail bank\n○ a commercial bank\n○ a savings and loan\n○ a credit union

daryl would like to open new checking and savings accounts. one of his primary concerns is avoiding bank fees. which type of banking institution is most suitable for daryl?\n○ a retail bank\n○ a commercial bank\n○ a savings and loan\n○ a credit union

Answer

Answer:

D. a credit union

Brief Explanations:

Credit unions often have lower fees as they are member - owned, non - profit organizations. Retail banks, commercial banks, and savings and loans typically have more fees to generate profit for shareholders.