The primary use of credit union funds is
A)loans to credit union members.
B)the purchase of government securities.
C)the purchase of agency securities.
D)the purchase of corporate bonds.
E)None of these are correct.

Question

Quizplus · Accepted Answer

Credit unions primarily use their funds to provide loans to their members. This is a core function of credit unions, distinguishing them from other financial institutions by focusing on serving their members' financial needs through loans and other financial services.

The Primary Use of Credit Union Funds Is