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Select the correct answer.
Which type of bank is a nonprofit members-only organization that provides checking accounts, savings accounts, and loans to its members?

A.credit unions

B.saving banks

C.commercial banks

D. Saving and loan associations

Respuesta :

A credit union is a type of financial organization that is owned and governed by its members. Credit unions provide members with a variety of financial services, including checking and savings accounts and loans. They are non-profit organizations.

Answer:

A. Credit union

Explanation:

A credit union is a type of financial organization that is owned and governed by its members. Credit unions provide members with a variety of financial services, including checking and savings accounts and loans. They are non-profit organizations.