Compared with traditional banks in the 1970s, the Feminist Federal Credit Union
A controlled the companies of their loan customers.
B required a husband’s signature for large loans.
C created opportunities for female business owners.
D allowed women to open accounts despite a lack of interest.
Compared with traditional banks in the 1970s, the Feminist Federal Credit Union
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The correct answer is C: created opportunities for female business owners.
The Feminist Federal Credit Union was established to support women’s financial independence and entrepreneurship, which was limited in traditional banking systems during the 1970s. It aimed to empower women by providing loans and financial services specifically tailored to their needs, fostering opportunities for women to start and grow their own businesses.