2-50 The common bond principle of credit unions emphasizes the depository and lending needs of credit union members.

Name: 2-50 The common bond principle of credit unions emphasizes the depository and lending needs of credit union members.
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Quizplus · Accepted Answer

This statement is true. The common bond principle refers to the shared characteristics or interests of credit union members, and credit unions prioritize meeting the financial needs of their members through deposits and loans.

2-50 the Common Bond Principle of Credit Unions Emphasizes the Depository