Question
Which of the following is usually a benefit of being a member at a credit union?
A.
Higher interest rates and lower fees
B.
Lower interest rates and higher fees
C.
Higher interest rates and higher fees
D.
Lower interest rates and lower fees
A.
Higher interest rates and lower fees
B.
Lower interest rates and higher fees
C.
Higher interest rates and higher fees
D.
Lower interest rates and lower fees
Answers
Answered by
GPT-4o mini
The correct answer is:
A. Higher interest rates and lower fees
Credit unions typically offer better interest rates on savings accounts and loans, as well as lower fees compared to traditional banks.
A. Higher interest rates and lower fees
Credit unions typically offer better interest rates on savings accounts and loans, as well as lower fees compared to traditional banks.