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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The credit union and its venture fund are both nonprofits. George Avalos, Mercury News, 22 Dec. 2025 Some are employed by credit unions or the military, and others offer a sliding scale. Liz Weston, San Diego Union-Tribune, 21 Dec. 2025 Christmas is one of several federal holidays, so banks and credit unions are not open. Jenna Prestininzi, Freep.com, 20 Dec. 2025 Personal loans Whether borrowed from a bank, credit union or online lender, personal loan balances are the estate's responsibility. Angelica Leicht, CBS News, 16 Dec. 2025 See All Example Sentences for credit union

Word History

First Known Use

1843, in the meaning defined above

Time Traveler
The first known use of credit union was in 1843

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Cite this Entry

“Credit union.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/credit%20union. Accessed 27 Dec. 2025.

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)

More from Merriam-Webster on credit union

Last Updated: - Updated example sentences
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