One person, one vote. Credit unions accumulate money for their activities and loans through the savings of

Question:

One person, one vote. Credit unions accumulate money for their activities and loans through the savings of their members. Usually, any person who deposits savings in a credit union becomes a memberowner with one share for each $5 deposited. Most credit union charters state that regardless of the number of shares a member owns, he or she still has only one vote in determining the policies and activities of the credit union. LO.1 

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: