Credit unions and building societies operate as though they were small retail banks.

Name: Credit unions and building societies operate as though they were small retail banks.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Credit unions and building societies offer many of the same services as retail banks, such as savings accounts, loans, and mortgages. However, they are often smaller and more community-focused, with a different organizational structure and governance model.

Credit Unions and Building Societies Operate as Though They Were