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In my recent research, I've been exploring whether banks primarily focus on making money through fees or investments. It appears that banks utilize both methods to increase profits, but their reliance on each may vary depending on the institution's size and business model. Some banks may emphasize fees, such as account maintenance and overdraft charges, while others invest in securities, loans, and other financial products. However, it's important to note that regulations and public opinion can significantly influence banks' strategies in generating revenue. Overall, it seems that banks use a combination of fees and investments to meet their financial goals.

Starting a Credit Union involves several vital steps. First, gather a group of like-minded individuals who share a common bond, such as a workplace or community. Next, research your local regulations and requirements, as well as any necessary permits or licenses. Develop a comprehensive business plan that outlines your Credit Union's objectives, financial projections, and membership criteria. Finally, establish a board of directors and apply for a charter from the National Credit Union Administration (NCUA) to officially launch your Credit Union.