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11 April, 17:08

Pat has a savings account and a car loan from a not-for-profit financial institution owned by its members. She is probably a member of what type of financial institution?

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  1. 11 April, 20:36
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    The fact that Pat has a savings account and a car loan from a not-for-profit financial institution owned by its member, means that Pat is probably a member of the financial institution: Credit Union. This type of financial institution is created and operated by its members (the members are depositors, borrowers, and shareholders.
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