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CHAPTER 28 Credit Unions ? 2003 South-Western/Thomson Learning Chapter Objectives Describe the main sources and uses of funds for credit unions ? Present the terms and concepts related to credit unions ? Describe how credit unions are regulated ? Describe how credit unions are exposed to various forms of risk ? Evaluate the performance of credit unions ? Background of Credit Unions ? ? Credit Unions (CUs) are nonprofit, mutual organizations Members have a common bond such as an affiliation with ? ? ? ? Labor union Church University Residential area ? ? There are about 10,000 credit unions
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