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How are credit unions and savings and loans different from commercial banks and finance companies? Credit unions and savings and loans are limited to making loans. Credit unions and savings and loans are protected by the FDIC. Credit unions and savings and loans are not usually owned by investors. Credit unions and savings and loans provide services, such as checking accounts.

Respuesta :

Answer:

Credit unions and savings and loans are not usually owned by investors.

Explanation:

Credit unions are owned and controlled by the people or members who use their services. They aren’t owned by investors because their main aim is to help the populace and not for profit making.

Commercial banks and Credit unions both provide services such as checking accounts, savings, loan etc.

Answer:

Credit unions and savings and loans are not usually owned by investors.

Explanation: