Credit Unions and Bank Perspective Assignment

  1. Name one lesson shared by Leighton or guest speakers during the semester on career advancement. [5 pts]
  1. A(n) ______________ is a written contract signed by a borrower and states the principal amount of the loan, the interest rate on the loan, and the terms under which repayment must take place. [5 pts]
  1. Credit unions play an important role in the financial services markets today. Yet, there disagreement between credit unions and banks about their role in the market place. Explain BOTH from a credit union and a bank perspective the nature of this disagreement.    [10 pts]
  • [Credit union perspective]
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