Credit unions account for about 10 percent of all consumer savings in the United States.

Question

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Credit unions, as member-owned financial cooperatives, offer a variety of savings and loan products to their members. They have grown in popularity and reach, accounting for a significant portion of consumer savings in the United States, with estimates around 10 percent, reflecting their role in the financial system alongside banks and other financial institutions.

Credit Unions Account for About 10 Percent of All Consumer