How are savings and loan associations similar to and different from credit unions? a)both are financial institutions that are less common and smaller than commercial banks, but credit unions are non-profit cooperations that only loan money to their members. b)both are financial institutions that are not required to carry deposit insurance, but credit unions protect their members' by maintaining high reserves and rarely granting loans. c)both are financial institutions that exist to support an loan money to commercial banks, but savings and loan associations typically deal with businesses rather than individual account holders. d)both are financial institutions that grant loans, but savings an loan associations tend to charge very few fees and much lower interest rates than credit unions.