Question: Dev has a share account and a share draft account at a bank owned and controlled by the corporation for which Dev works. He and

Dev has a share account and a share draft account at a bank owned and controlled by the corporation for which Dev works. He and the other bank members are allowed to vote for the bank's directors. What type of financial institution is Dev using?

Multiple Choice

  • commercial bank
  • credit union
  • savings and loan association
  • mutual savings bank

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