in which type of bank do investors pool their funds to collect money?\ncommercial bank\ncredit…
in which type of bank do investors pool their funds to collect money?\ncommercial bank\ncredit union\nprivate bank
Answer
Brief Explanations:
Credit unions are member - owned financial cooperatives where members pool their funds. Commercial banks take deposits from the general public for various banking services. Private banks offer personalized services to high - net - worth individuals. The description of pooling funds by investors aligns with credit unions.
Answer:
credit union