Question

Why is it sometimes easier to open an account with a bank rather than with a credit union?
a.
Most credit unions require some kind of affiliation, but banks will let anyone with money open an account.
b.
Credit unions usually require more paperwork than banks.
c.
Banks can generally open an account immediately, but credit unions require a waiting period.
d.
Banks can open accounts over the phone or online, but credit unions can only open accounts in person.

Answer 1

a. Most credit unions require some kind of affiliation, but banks will let anyone with money open an account.