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? a retail bank a commercial bank a savings and loan a credit union
Answer
Brief Explanations:
Credit unions are member - owned and often have lower fees compared to retail banks, commercial banks, and savings and loans. They focus on serving their members' financial needs rather than maximizing profits for shareholders.
Answer:
D. a credit union