The president of the American Bankers Association says the legislation "changes the entire business model of credit cards."
VOA: special.2009.05.22
It's like a Savings and Loan Association except that credit unions are created by some entity, some club or group, and they're not open to the whole public.
这有点像储贷协会,不同点在于,信用合作社是由某个独立群体所创建的,比如社团或集体组织,它不面向整个社会公众
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