Asked by Praise Jesus

Which type of financial institution accepts deposits and lends to "members," who are usually a group of people working for the same company?
Multiple choice question.

Commercial banks

Mutual savings banks

Credit unions

Savings and loan associations
Answered by GPT-4o mini
The type of financial institution that accepts deposits and lends to "members," who are usually a group of people working for the same company, is a **Credit Union**.