Cooperative, self-help associations of individuals are also known as:
A) Money market funds
B) Credit unions
C) Savings banks
D) Investment banks
E) None of the above

Name: Cooperative, self-help associations of individuals are also known as: A) Money market funds B) Credit unions C) Savings banks D) Investment banks E) None of the above
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

Credit unions are cooperative, self-help associations where members pool their savings to provide each other with credit at relatively low rates.

Cooperative, Self-Help Associations of Individuals Are Also Known As