Credit Unions Are Not Taxed And,as a Result,well-Run Credit Unions

question 58

True/False

Credit unions are not taxed and,as a result,well-run credit unions are often able to charge lower loan rates and pay slightly higher deposit rates than banks.

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Definitions:

Hijab

A headscarf worn by many Muslim women that covers the head and chest, traditionally signifying modesty, privacy, and morality.

Retaliation

The act of returning an attack or wrong, often in the context of employment or legal disputes.

Change Benefits

Modifications to existing benefit plans that may enhance or reduce the perks provided to employees or members.

Filing Charge

A fee imposed by an authority or an organization for processing documents or formal submissions.