Question

a banking institution that might give you more money for saving and charges lower fees, but you have to qualify for membership to join. which banking institution is described above? choose 1 answer: a commercial bank b traditional bank c online bank d credit union

Explanation:

A credit union is a banking institution that typically offers better savings rates and lower fees, but membership is restricted (requires qualifying for membership to join). Commercial banks and traditional banks have more open membership but may have higher fees and lower savings rates. Online banks vary but don't typically require membership qualification in the same way credit unions do.

Answer:

D. credit union