Question

Which type of bank matches each description?

BANKS:
_______________
savings and loan
associations
_______________
commercial banks
_______________
credit unions
_______________
savings banks
_______________

BANK DESCRIPTIONS :
_______________
offer checking and savings accounts
as well as loans to both businesses
and individuals; issue credit lines and
manage retirement accounts
_______________________________
offer savings accounts and mortgages
to purchase homes; serve individual
customers
_______________________________
offer checking and savings accounts
as well as loans to their members;
operate as nonprofit membership
organizations
_______________________________
offer interest payments on
deposits made; created to help
people with low incomes save money

MATCH THEM PLEASE!

Answer 1

ANSWER

CREDIT UNION

offer checking and savings accounts

as well as loans to both businesses

and individuals; issue credit lines and

manage retirement accounts

COMMERCIAL BANKS

offer savings accounts and mortgages

to purchase homes; serve individual

customers

SAVING AND LOANS ASSOCIATION

offer checking and savings accounts

as well as loans to their members;

operate as nonprofit membership

organizations

SAVING BANKS

offer interest payments on

deposits made; created to help

people with low incomes save money

Answer 2

Answer:CREDIT UNION

offer checking and savings accounts

as well as loans to both businesses

and individuals; issue credit lines and

manage retirement accounts

COMMERCIAL BANKS

offer savings accounts and mortgages

to purchase homes; serve individual

customers

SAVING AND LOANS ASSOCIATION

offer checking and savings accounts

as well as loans to their members;

operate as nonprofit membership

organizations

SAVING BANKS

offer interest payments on

deposits made; created to help

people with low incomes save money

Step-by-step explanation: