The primary source of funds for credit unions is:
A) Issuance of debt securities.
B) Issuance of equity securities.
C) Deposits of their members.
D) None of the above.
E) All of the above.

Question

Quizplus · Accepted Answer

Credit unions primarily rely on the deposits made by their members to fund their lending and other financial activities. Unlike banks, they do not issue debt or equity securities to raise funds.

The Primary Source of Funds for Credit Unions Is