mariaalvarez3699
mariaalvarez3699 mariaalvarez3699
  • 01-12-2020
  • Mathematics
contestada

Describe the key differences between commercial banks and credit units.​

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theblastmaster2000xd
theblastmaster2000xd theblastmaster2000xd
  • 01-12-2020
The bottom line is that banks are for-profit institutions, while credit unions are non-profit. Credit unions typically brag better customer service and lower fees, but have higher interest rates. ... Both banks and credit unions provide similar services such as checking and savings accounts, loans and business accounts
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