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

That conflict has made many banks and credit unions hesitant to work with cannabis businesses. — Brady Halbleib, CBS News, 30 July 2026

That means considering rates from credit unions and banks, not just the dealership. — Jeanne Sahadi, CNN Money, 29 July 2026

Partner with community organizations and credit unions where trust drives conversions. — Efri Argaman, Forbes.com, 29 July 2026

In addition, many workplace retirement plans and credit unions offer free coaching. — Pawan Jain, The Conversation, 29 July 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)