Russia - West Meets East At Russian Car Show

The video tutorial introduces the concept of a credit union, specifically focusing on Doubles credit union. It provides an overview of its functions and benefits.

What is the primary purpose of a credit union?

• To offer investment advice

• To provide financial services to its members

• To maximize profits for shareholders

• To compete with large banks

In the context of credit unions, what does the term 'Doubles' refer to?

• A savings account

• A membership benefit

• A financial strategy

• A type of loan

Which of the following is a benefit of joining a credit union?

• Higher interest rates on loans

• Lower fees and better customer service

• Limited access to ATMs

• Fewer financial products

How do credit unions differ from traditional banks?

• They are for-profit organizations

• They have more branches

• They are owned by their members

• They offer fewer financial services

What is a common feature of credit unions?

• They focus on corporate clients

• They have high account fees

• They require membership

• They are open to the general public