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