Credit unions' main source of funds is ________.

Question

Quizplus · Accepted Answer

Regular share accounts (also known as savings accounts) are typically the main source of funds for credit unions. This is because credit unions are member-owned and operate as not-for-profit organizations, so they rely on deposits from their members to provide loans and other financial services. While share certificates, share draft accounts, and money market accounts also provide funding for credit unions, they are generally not the primary source of funds.

Credit Unions' Main Source of Funds Is ________