What can a person expect as a customer of a credit union?

As a customer of a credit union, one can typically expect lower account fees and lower interest rates on loans. Credit unions are nonprofit financial institutions that prioritize serving their members rather than generating profits. This fundamental difference allows them to often offer more favorable terms compared to traditional banks. Consequently, credit unions frequently provide loans at lower interest rates, making borrowing more affordable. Additionally, they tend to have lower fees associated with accounts and services, as their goal is to benefit their members financially.

In contrast, the other options do not align with the primary advantages offered by credit unions. Higher interest rates on loans would negate one of the main benefits of using a credit union. While some credit unions may have specific hours, the idea of "limited service hours" does not accurately reflect the typical operations of many credit unions, which generally aim to accommodate their members’ needs. Finally, while many credit unions do offer online account management, it is not limited to that method; they usually also provide in-person services and various tools, making option D less representative of what a credit union provides.