Which of the following statements are true, if any. Check all that apply.

Mutual savings banks and credit unions are similar in that both are owned by their depositors, who share in their profits.

Demand deposit accounts created by commercial banks are usually called checking accounts or negotiable order of withdrawal $($NOW$)$ accounts, while those created by credit unions are called share draft accounts.

Commercial banks tend to pay interest rates that are greater than those paid by savings banks and credit unions.