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Which of the following statements is true about credit unions? A credit union is a non - profit institution owned by its members and provides

Which of the following statements is true about credit unions?
A credit union is a non-profit institution owned by its members and provides financial services to its members.
A credit union is a financial institution that focuses on taking deposits and using them to fund mortgages.
A credit union offers a broad range of deposit accounts and gives loans to individuals and businesses.
A credit union is a financial institution for students only.
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