Which of the following is usually a benefit of being a member at a credit union?

Question

Which of the following is usually a benefit of being a member at a credit union? The answer choices are: Higher interest rates and lower fees Lower interest rates and higher fees Lower interest rates and lower fees Higher interest rates and higher fees

Anonymous · Answer

The correct answer is: “Lower interest rates and lower fees.” Credit unions are known for offering lower loan rates, lower fees, and higher interest on savings, as they are member-owned, nonprofit organizations focused on serving their members.

Which of the following is usually a benefit of being a member at a credit union?

1 Answer