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

Where to start when applying for a mortgage The mortgage application process typically starts with a lender, whether that’s a bank, credit union, mortgage broker or online lender. — Sharon Wu, USA Today, 17 Sep. 2026

Defense lawyer Joshua O’Hara, previewing testimony from a defense psychiatrist, told jurors in an opening statement that Eaton was suffering from a delusional, psychotic disorder after losing his job at a credit union two weeks before the shooting. — Michael R. Sisak, Los Angeles Times, 15 Sep. 2026

An analysis by the credit union found that car ownership costs have risen 50% since 2020. — Mary Cunningham, CBS News, 15 Sep. 2026

The Operationalization Gap According to a 2024 Deloitte survey, only 8% of banks and credit unions reported having the data maturity required to support personalization at scale. — Jess Turner, Forbes.com, 14 Sep. 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)