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What is a financial cooperative that provides loans to its members at lower rates of interest?
Mariahhh
credit union
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∙ 12y ago
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What is a financial cooperative that provides loans to its members at low interest rates?
credit union
What is A financial cooperative that provides loans to its members at lower rates of interest than would be available at other institutions is known as a?
credit union
What is the cooperative guarantee fund?
A cooperative guarantee fund is a financial pool established by a cooperative to help protect its members against financial losses or risks. Members contribute to the fund, which can be used to cover any member's losses or liabilities within the cooperative. It provides a form of mutual support and risk-sharing among members.
What is a business owned by its members that is managed in the interest of the owners?
a cooperative
What is the definition of a state cooperative bank?
A co-operative bank is a type of bank that provides financial services to co-operatives and organizations that its members own. When the state runs these banks they are called state co-operative banks.
Which interest groups work for policies that will help their members with financial concern?
economic
Which interest group work for policies that will help members with financial concerns?
economic
What is the advantage of using a credit union rather than a bank to save money?
A credit union is a cooperative financial institution that is owned and controlled by its members and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members.
What is an agricultural marketing cooperative that helps members sell their products?
producer cooperative.
What does swiftness mean?
SWIFT stands for Society for Worldwide Interbank Financial Telecommunications. Established in 1973, it provides safe and secure financial transactions for its members.
What is an urban cooperative bank?
Urban cooperative bank is a group of people who form a co operative society for mutual financial benefits & financial transactions like any financial institutions in urban towns & cities functioning under directions of the apex /central reserve bank. The profits if any are declared as dividends amongst the co operative members who enjoy certain privileges.
What is a service cooperative?
A service cooperative is a type of cooperative business where members pool resources to provide services to themselves. These services can include healthcare, housing, childcare, and more. Members typically have a say in how the cooperative is run and share in any profits or benefits.
