Bank: A bank is a type of financial institution that accepts deposits from customers and provides them with loans or other banking services.
Credit Union: Similar to a bank, a credit union is also a financial institution. However, it is owned by its members and operates on the principle of cooperative ownership.
Investment Firm: An investment firm is another type of financial institution that focuses on managing investments for individuals or organizations. They help clients invest in stocks, bonds, real estate, and other assets.