Which of the following is NOT a type of bank or banking system? Northern Credit Union Central Commercial

Which of the following is NOT a type of bank or banking system? Northern Credit Union Central Commercial

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  1. Answer:

    Credit union

    Explanation:

    A credit union is technically not considered a bank, unlike the other answer choices, because credit unions are not-for-profit. Banks, of course, take te money in checking accounts and use it for their own ends, but credit unions are just groups that provide mutual benefit to those who use them.

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