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What do the members of a credit union typically share?
AAn equal shareholding in the cooperative they joined
BA deposit balance above an agreed minimum amount
CA contract obliging them to borrow once each year
DAn employer, a union, a church, or a school in common
Answer & Solution
Correct answer: D. An employer, a union, a church, or a school in common
1. Credit union members typically have something in common that brings them together.
2. They may work for the same employer or belong to the same union or professional group.
3. They may instead attend the same church or the same school.
4. The bond is a shared affiliation, not a minimum balance or a duty to borrow.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 15 "Understanding Money and Financial Institutions", section 15.3 U.S. Financial Institutions_
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