The first credit unions, or credit cooperatives, in North America were started where and when? a. Quebec,

Question:

The first credit unions, or credit cooperatives, in North America were started where and when?

a. Quebec, Ontario, Canada, in 1901

b. Boston, Massachusetts, in 1909

c. Chicago, Illinois, in 1910

d. Cleveland, Ohio, in 1912

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Money, Banking, Financial Markets and Institutions

ISBN: 978-0538748575

1st edition

Authors: Michael Brandl

See More Books

Question Posted: Jun 21, 2019 07:45 AM

See More Questions

Cheng,, a recently qualified PA, has been assigned by his firm, Liu & Liu LLP, to serve as the senior auditor in charge of the fieldwork on a new audit engagement. The client is a medium-sized credit...
Who are the owners of credit unions? Explain the tax status of credit unions and the reason for that status. Why are CUs typically smaller than commercial banks or savings institutions?
Identify some advantages of credit unions. Identify disadvantages of credit unions that relate to their common bond requirement.
Design a difference amplifier to have a gain of 4 and a common-mode input resistance of 20 k at each input.
Show that if E is an elementary matrix then ET is an elementary matrix of the same type as E.
Use the results of Exercise 32 to find the area of the region bounded by the graph of the polar equation. Data from in Exercise 32 Use Greens Theorem to verify the line integral formulas. The area of...
If the IRR of Alternative $A$ is 18 percent, the IRR of Alternative B is 16 percent, and MARR is 12 percent, which of the following is correct? a. Alternative B is preferred over Alternative A. b....
Given the following network for a stock repurchase project with outside consulting resource demands, construct a modified Gantt AOA chart with resources and a resource load diagram. Suggest how to...
2. (7pts) Give an example of a 44 matrix A which have the following properties: (a) A is lower triangular. All its entries are integers. (b) A has two distinct eigenvalues. Each eigenvalue is a digit...
Following are the operating statements for a public and private college. The operating statements have been adapted from the annual reports of a public and a private university. As would be expected,...
When it comes to lending to businesses, credit unions often argue they should be allowed to write more business loans, whereas critics contend credit unions business lending should be restricted....
Bobby is interested in borrowing money, but he cannot get a loan from a depository institution. He turns to a consumer finance company. In what ways are the loans Bobby might get from a finance...
Distinguish between product and period costs and give three examples of each.
Fast Jack is a fast-food restaurant that employs minors. Fast Jack is subject to the federal child labor, minimum wage, and overtime provisions in a. the Family and Medical Leave Act. b. the...
What are some protections afforded by the federal age-discrimination law?
National Supplies Company hires Linda and Brad as employees to deal with third-party purchasers and suppliers. Linda and Brad are a. principals. b. agents. c. both a and b. d. none of the above.
Discrimination complaints under federal law must be filed with the Equal Opportunity Employment Commission. (True/False)
When can an employer legally hire someone not authorized to work in this country?
During one year, Malaysia was the site of an encephalitis outbreak caused by the Nipah virus, a paramyxovirus that appears to spread from pigs to workers on pig farms. As reported by K. Goh et al. in...
After graduating from college and working a few years at a small technology firm. Preet scored a high-level job in the logistics department at Amex Corporation. Amex sells high-quality electronic...
In 1960, federal regulations prohibited banks from paying interest on checking accounts. Banks are now legally allowed to pay interest on checking accounts, yet the value of checking accounts has...
Does the existence of reserve requirements make it easier for banks to deal with bank runs? Briefly explain.
What are the key developments in electronic banking?
130 g of water is placed in a 10-g aluminum cup. Both the water and cup start at temperature 40 C. 30 g of ice at an initial temperature of 0 C is added to the water. The ice is allowed to melt and...
A small plastic ball of mass 5.86 10-3 kg and charge +0.178 C is suspended from an insulating thread and hangs between the plates of a capacitor (see the drawing). The ball is in equilibrium, with...
Assume that the firm invests $170,000 today and $200,000 three years from now to get $75,000 at Year 1, $80,000 at Year 2, $75,000 at Year 3, $140,000 at Year 4, $165,000 at Year 5, and $155,000 at...

The first credit unions, or credit cooperatives, in North America were started where and when? a. Quebec,

Question:

Step by Step Answer:

a Queb...View the full answer

Money, Banking, Financial Markets and Institutions

Students also viewed these Business questions