Why were credit unions less affected by the sharp increase in interest rates in the late 1970s and early 1980s than the saving institution industry? What are the three types of finance companies and how do they differ from commercial banks?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter19: Lease And Intermediate-term Financing
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Why were credit unions less affected by the sharp increase in interest rates in the late 1970s and early 1980s than the saving institution industry? What are the three types of finance companies and how do they differ from commercial banks?
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