Credit union capital accounts contain a capital account known as 'redeemed preference shares' that represents the balance of shares issued to members.
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Q5: Although subject to the same capital requirements
Q6: Finance companies accept deposits from the public
Q7: Building societies bear interest rate risk because
Q8: Finance companies operate private-label credit plans for
Q9: Wholesale financing is generated when a finance
Q11: Credit unions are cooperatives owned by their
Q12: Building societies are authorised deposit-taking institutions (ADIs),approved
Q13: In spite of diversification of their activities
Q14: Finance companies raise funds from wholesale markets
Q15: Historically credit unions have been providing business
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