What is one advantage to using a credit union? a.They are able to offer better rates than commercial banks because they are exempt from being monitored b.They are able to offer better rates than commercial banks because they are exempt from federal taxes c.They are able to offer better rates than commercial banks because they are exempt from rules and regulations d.none of the above

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They are able to offer better rates than commercial banks because they are exempt from federal taxes.

Expert answered|jeifunk|Points 8390|

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One financial institution is offering a 1% interest rate on savings accounts while another institution is offering a 2% interest rate on savings accounts. Out of the two financial institutions, which offer would the bank probably be offering? A. 2% interest rate B. 1% interest rate

Weegy: 1% interest rate would the bank probably be offering. (More)

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