Final answer:
Credit unions are non-profit institutions where members are owners, offering various financial services and insured by NCUA.
Explanation:
Credit unions are non-profit financial institutions where members are owners. They provide various financial services like checking accounts, savings accounts, loans, and credit cards. National Credit Union Administration (NCUA) insures deposits in credit unions.
Learn more about Nature of credit unions here:
https://brainly.com/question/24840237
