1. What are the differences between banks and credit unions? a. Banks pay federal income tax, while credit unions do not. b. Banks are owned by stockholders, while credit unions are owned by members....

1. What are the differences between banks and credit unions?

a. Banks pay federal income tax, while credit unions do not.

b. Banks are owned by stockholders, while credit unions are owned by members.

c. Credit unions offer share draft accounts, while banks offer demand deposit accounts.

d. All of these