A not-for-profit institution that is operated as a cooperative and offers financial services such as low-interest loans to its members?

A not-for-profit institution operated as a cooperative that offers financial services, including low-interest loans, is typically referred to as a credit union. Credit unions are member-owned organizations that prioritize serving their members' financial needs over profit generation. They often provide a range of financial products, such as savings accounts and mortgages, with more favorable terms compared to traditional banks. By pooling resources, credit union members benefit from lower fees and interest rates, fostering a sense of community and mutual support.