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A _______ is a group of people who agree to save their money together and to make loans to each other at a relatively low rate of interest.

Acommercial bank
Binvestment firm
Ccredit union
DChristmas club

Verified Answer :

meerkat18

A C. CREDIT UNION is a group of people who agreed to save their money together and to make loans to each other at a relatively low rate of interest.

Credit Union:
1) member-owned financial cooperative
2) democratically controlled by its members
3) operated for the following purposes
       a) promoting thriftiness among members
       b) providing credit at competitive rates
       c) providing other financial services to its members

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