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Commercial banks differ from credit unions in the following way: credit unions focus on consumer loans while commercial banks primarily make loans to businesses credit
Commercial banks differ from credit unions in the following way: credit unions focus on consumer loans while commercial banks primarily make loans to businesses credit unions make loans and accept deposits while commercial banks just make loans. commercial banks cannot make auto loans to individuals, just to businesses while credit unions can do both. credit unions do not have to hold reserves while commercial banks do
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