Financial Institutions

By Meredith Robinson

Commercial Banks

Commercial banks are a a depository business that offer financial businesses for other businesses and consumers.

Benefits of commercial banks include:

*for-profit

*open to anyone

*offer many financial services

*usually the largest institutions

*offer help to other businesses

Credit Unions

Credit unions are institutions where members can borrow from a slum of money for an interest rate.

Benefits of credit unions include:

*not for profit

* membership qualifications

*offer many services( not as many as a bank)

*higher interest rates and lower fee

*usually smaller

Sites

For all my information: www.ncvps.com

For my commercial banks photo: www.easyvectors.com

For all my credit union photo: www.metroshores.org