Why is it sometimes easier to open an account with a bank rather than with a credit union?

a. Most credit unions require some kind of affiliation, but banks will let anyone with money open an account.

b. Credit unions usually require more paperwork than banks.

c. Banks can generally open an account immediately, but credit unions require a waiting period.

d. Banks can open accounts over the phone or online, but credit unions can only open accounts in person.

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Ami

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6 July, 23:07

Why is it sometimes easier to open an account with a bank rather than with a credit union?

a. Most credit unions require some kind of affiliation, but banks will let anyone with money open an account.

b. Credit unions usually require more paperwork than banks.

c. Banks can generally open an account immediately, but credit unions require a waiting period.

d. Banks can open accounts over the phone or online, but credit unions can only open accounts in person.

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Tomas Huber · Answer 1

It is sometimes easier to open an account with a bank rather than with a credit union because most credit unions require some kind of affiliation, but banks will let anyone with money to open an account. The correct option among all the options that are given in the question is the first option or option "a".