How a credit union makes money if they don’t invest out your money like banks do.

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How a credit union makes money if they don’t invest out your money like banks do.

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Anonymous 0 Comments

[edit] They don’t make profit. Credit unions are non-profits in general, they act as a savings bank for people and then when loans are taken out they use the small amount of interest to cover costs. They’re usually small and limited to a community or workforce.

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