Final answer:
Credit unions pay interest on savings, charge lower interest on loans, carry deposit insurance, and provide loans to members.
Step-by-step explanation:
When considering credit unions, it is important to inquire about certain aspects. Firstly, credit unions may pay interest on savings or draft accounts, which means that members can earn money on their deposits. Additionally, they often charge a lower interest rate on loans than they pay on savings, which can save borrowers money. Another important point to check is whether credit unions carry deposit insurance to protect members' funds. Lastly, credit unions are known to provide loans to members based on their financial needs and eligibility.
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