A financial institution owned and controlled by its depositors, who usually have a common employer, profession, trade group, or religion is referred to as a(n) _____.

A financial institution owned and controlled by its depositors, who usually have a common employer, profession, trade group, or religion is referred to as a(n) _____.


savings and loan association
securities exchange
investment bank
brokerage firm
credit union


Answer: credit union


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