Multiple Choice
Which of the following is NOT an advantage of credit unions?
A) They can offer attractive rates to their members because they are nonprofit and therefore are not taxed.
B) Their noninterest expenses are relatively low, because their offices and furniture are often donated or provided at a very low cost through the affiliation of their members.
C) Their large membership allows them to effectively diversify geographically.
D) All of these are advantages of credit unions.
Correct Answer:

Verified
Correct Answer:
Verified
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