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What type of bank is run by its members and offers low rates of credit?
credit union
What type of banks is a nonprofit organization owned by the members?
A nonprofit organization owned by its members is typically referred to as a credit union. Credit unions operate as cooperative financial institutions, where members pool their savings to provide loans and other financial services to one another. Unlike traditional banks, credit unions are not-for-profit entities, meaning any surplus earnings are returned to members in the form of lower fees, better interest rates, and improved services. Membership is usually based on a common bond, such as employment or community affiliation.
What type of organization are owned by stockholders?
corporations
What type of corporations are owned by their stockholders?
private
What type of bank is Wells Fargo?
its a muff bank
Which type of loan institution is owned and operated by the same people who have accounts in it?
A mutual.
What type of financial institution is MCU?
MCU is a financial services credit union. That means that they operate in a similar way as a bank, except that they are owned by it's "members" (customers) rather then by shareholders.
Large farms owned and operate by peasants was formed by who?
Collective farms are a type of farm that are owned and operated as a joint enterprise by peasants. They are also known as communal farms.
What type of services are provided by ABECU?
ABECU stands for Anheuser-Busch Employees' Credit Union. It is owned and operated by its members who are employees of Anheuser-Busch. ABECU offers savings accounts, checking accounts, auto loans, home mortgages and even credit cards.
What type of bank is run by its members and offers rates of credits?
credit union
What type of bank is run by its members and offers low rates of credit?
credit union
What type of bank is run by it and members and offers low rates of credit?
credit union
What type of bank is run by is run by its members and offers low rate?
credit union
What type of bank is run by its members and offers low rates of credits?
credit union
What is Account type of credit Union account?
At a credit union, you can have checking, savings, money market, etc. just like you would have at a bank. One difference is that credit unions are owned by its members (account holders), rather than stockholders.
What type of company is Halifax Ireland?
Halifax Ireland is a bank. Or one should say was a bank. It was a wholly owned subsidiary of the Bank of Scotland until it ceased to operate as such on 31 December 2010.
What type of bank is run buy its members and offers low rates of credit?
A building society.
