Which of the Following Statements Is Are Not True

Which of the following statements is are not true?

A) The formation of a credit union requires a common bond
B) Federally chartered credit unions are regulated by the National Credit Union Administration
C) Credit unions, due to their small size, cannot match the extent of services offered by a commercial bank
D) To use the services of a credit union, one must be a member
E) Credit unions have better ability to control credit risks due to their homogeneous borrower base