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An account offered by credit unions that is similar to interest paying checking accounts offered by the other financial institutions is:
Suggested Answer: B
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31 comments · newest first
LI
Linwood
10 months ago
Not sure about that, sounds a bit off to me.
LO
Lorrine
11 months ago
Wait, are they really that similar?
FR
Francis
11 months ago
Agree, share draft accounts are pretty cool!
EL
Elfriede
11 months ago
I thought it was just a regular checking account.
CH
Charisse
11 months ago
It's definitely a share draft account!
HE
Hermila
12 months ago
I thought checking and saving accounts were more general terms, so I'm leaning towards B as well. But I could be wrong!
ON
Oneida
12 months ago
I feel like I saw a question like this in practice, and it was about how credit unions operate differently. Maybe it's A?
JO
Jody
12 months ago
I'm not entirely sure, but I remember something about checking accounts being similar to share draft accounts. Could it be that one?
LE
Leota
1 year ago
I think the answer might be B, the share draft account. It sounds familiar from my notes on credit unions.
CH
Christiane
1 year ago
Okay, I've got this. A share draft account is the credit union version of a checking account, where you can write checks and make transactions. That's the one that's most similar to a regular checking account.
JA
Janessa
1 year ago
Hmm, I'm a little unsure about this one. I know credit unions have some different account types, but I can't quite remember the details. I'll have to think it through.
AR
Aracelis
1 year ago
This one seems pretty straightforward. I'm going to read through the options carefully and think about what a "share draft account" is.
EV
Evette
1 year ago
I'm pretty confident the answer is B. Share draft accounts are the credit union equivalent of checking accounts, and they typically pay interest like a regular checking account would.
SH
Shonda
1 year ago
Encryption is the process of converting data into a coded format, so that's not the right answer here. I'll have to eliminate that one.
TR
Tresa
1 year ago
Hmm, this looks like a tricky one. I'll need to carefully trace the logic of the while loop to figure out the final value of the i variable.
JA
Javier
1 year ago
You know, I bet the credit unions are trying to one-up the banks with some fancy shmancy account name like 'share draft'. Gotta love the credit union creativity!
LU
Luisa
1 year ago
Ha! Internet bank? Really, Leonida? That's a bank, not a credit union account. I'm sticking with B. Share draft account, sounds like the winner to me.
MI
Michael
1 year ago
Deposit insurance is important too, but Share draft account is the correct answer.
JE
Jerry
1 year ago
I agree, Share draft account is the account offered by credit unions.
NO
Noe
1 year ago
I think B) Share draft account is the right choice.
LE
Leonida
1 year ago
Hmm, this is a tricky one. I'm not too familiar with credit union accounts. I'll take a wild guess and say C. Internet bank.
TR
Truman
1 year ago
I'm leaning towards D. Checking and saving accounts. Seems like the credit unions would offer those same basic services as the banks.
JA
Jaime
1 year ago
I'm not sure, but I think B is the correct answer. Share draft account sounds like what credit unions would offer.
WH
Whitney
1 year ago
I agree with you, B makes more sense. Share draft account is the equivalent of a checking account at a credit union.
FL
Fletcher
1 year ago
I think it's actually B. Share draft account. Credit unions use this term instead of checking account.
KA
Katie
1 year ago
Definitely going with B. Share draft account. That's the one that's most like a regular checking account at a bank, right?
DO
Douglass
1 year ago
I agree, B) Share draft account is the correct answer. It functions just like a checking account.
BU
Bulah
1 year ago
Yes, you're right! A share draft account is very similar to a regular checking account at a bank.
CA
Candra
2 years ago
I'm not sure, but I think it's B) Share draft account too. It makes sense for credit unions to have similar accounts like other financial institutions.
TH
Theron
2 years ago
I agree with Tori, because credit unions offer share draft accounts for members.
TO
Tori
2 years ago
I think the answer is B) Share draft account.