If a credit union's members are affiliated with a particular employer and large layoffs occur, the credit union's exposure to ____ risk may increase .
A)settlement
B)interest rate
C)credit
D)None of these are correct.

Question

Quizplus · Accepted Answer

Credit risk may increase because layoffs could lead to members having difficulties repaying loans, thus increasing the risk of defaults.

If a Credit Union's Members Are Affiliated with a Particular