credit union

noun

: a cooperative association that makes small loans to its members at low interest rates and offers other banking services (such as savings and checking accounts)

Examples of credit union in a Sentence

Recent Examples on the Web

Meanwhile, Thorsen was actually moving the funds into personal accounts within CDC's credit union, the indictment said. —Sasha Pezenik, ABC News, 8 May 2026

Banks and credit unions typically do not offer exotic mortgages. —Jeff Lazerson, Oc Register, 7 May 2026

President Jimmy Carter ushered in a wave of deregulation, wiping away distinctions among commercial banks, savings and loan associations, and credit unions and subsequently making financial institutions more competitive and market-driven. —Sasha Rogelberg, Fortune, 4 May 2026

Cal Coast has previously said the credit union has always been in full compliance with the law. —Roxana Popescu, San Diego Union-Tribune, 1 May 2026

Word History

First Known Use

1843, in the meaning defined above

Rhymes for credit union

• antiunion
• communion
• disunion
• nonunion

Kids Definition

credit union

noun

: a cooperative association that makes small loans to its members at low interest rates and offers other banking services (as savings and checking accounts)

Legal Definition

credit union

noun

: a cooperative association that makes small loans to its members at low interest rates and offers other banking services (as savings and checking accounts)