Question

Why are credit unions typically able to offer higher interst rates to savers and lower rates to borrowers than commercial banks? A) Credit unions are not-for-profit. B) Credit unions are federaly funded to insure they pay more and charge less. C) Credit unions are required by law to pay different rates than commercial banks. D) Credit unions charge very high membership fees to make up for the other losses.

Answer 1

Credit unions are not-for-profit.

Step-by-step explanation:

Answer 2

A

Step-by-step explanation:

it A because i said so