True
The owners of the credit union are the leaders, the unions are leaded by their own owners.
A union is a group of people, the owner provides a platform where the people are gathered with the same kind of mindset, theories and the likes and dislikes are similar.
In a Union the members share common objective, while a credit union is a kind of financial institution, they provide services like a bank, the services provided by a credit union are, opening accounts, deposit of cash, provide credit and more.
The credit union is formed by individuals and is therefore leaded by the same, the owners are the management of the Union however, if there is more work and transaction they hire employees but the charge remains in the owner's hand.
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