Why is it sometimes easier to open an account with a bank rather than with a credit union?

Credit unions are member-owned and often require people to qualify for membership through an affiliation, such as living in a certain area or belonging to an organization. Banks generally allow anyone who meets their account requirements to open an account. Therefore, the correct choice is “Most credit unions require some kind of affiliation, but banks will let anyone with money open an account.”

AI-written and checked against the verified answer.