Industry WIKI

A credit union is a member-owned nonprofit cooperative financial institution. It may offer financial services equivalent to those of commercial banks, such as share accounts (savings accounts), share draft accounts (checking accounts), credit cards, credit, share term certificates (certificates of deposit), and online banking. Normally, only a member of a credit union may deposit or borr

An industrial and provident society (IPS) is a body corporate registered for carrying on any industries, businesses, or trades specified in or authorised by its rules.