Credit unions obtain most of their funds from
A)issuing common stock.
B)retained earnings.
C)share deposits by members.
D)issuing long-term bonds.

Question

Quizplus · Accepted Answer

Credit unions are member-owned financial cooperatives that primarily obtain their funds through share deposits made by their members. Unlike banks, they do not issue common stock or long-term bonds to raise funds, and while they can generate retained earnings, these are not their primary source of funding.

Credit Unions Obtain Most of Their Funds from