Credit Unions Were Originally Organized with the Idea That Consumers

question 37

True/False

Credit unions were originally organized with the idea that consumers could pool their funds together and thereby make low-cost consumer loans to any members of the local community.

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Definitions:

Adherence

The extent to which individuals stick to behaviors, guidelines, or treatments as recommended by healthcare providers or organizations.

Commitment

The psychological attachment or loyalty an individual feels towards an organization, cause, or goal, often reflected in willingness to invest effort and maintain membership.

Compliance

Adherence to laws, regulations, guidelines, and specifications relevant to an organization's operations.

Resistance

The refusal to accept or be changed by something.