The largest liability of credit unions is
A)checkable deposits.
B)large time deposits.
C)small time and savings deposits.
D)consumer credit.

Question

Quizplus · Accepted Answer

The largest liability of credit unions is typically small time and savings deposits. This is because credit unions are member-owned financial cooperatives that primarily serve their members through savings accounts and other small deposit accounts, rather than focusing on larger commercial accounts or loans.

The Largest Liability of Credit Unions Is