what is a major difference between retail banks and credit unions?\n○ retail banks only serve businesses…

what is a major difference between retail banks and credit unions?\n○ retail banks only serve businesses, while credit unions only serve individuals.\n○ retail banks operate in order to earn profit, while credit unions are nonprofit.\n○ retail banks only have small local branches, while credit unions are nationwide.\n○ retail banks manage a persons money, while credit unions focus on providing loans.

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