Credit institutions are financial organizations that provide various services related to lending and borrowing money. They include banks, credit unions, and savings and loan associations. These institutions accept deposits from customers and use those funds to offer loans to individuals and businesses, helping to facilitate economic growth. In addition to lending, credit institutions also offer services such as savings accounts, checking accounts, and investment products. They play a crucial role in the financial system by managing money flow and providing access to credit, which is essential for both personal finance and business operations.