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Sagot :
Final answer:
Credit unions collaborate with similar institutions to enhance depositor services.
Explanation:
Credit unions are institutions that work with other similar institutions to provide better services to their depositors. They are non-profit organizations owned by their members, focusing on providing various financial services such as loans and savings accounts. National Credit Union Administration (NCUA) insures deposits in credit unions up to $250,000 per account.
Learn more about Credit unions and financial institutions here:
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