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

The credit union, founded with the goal of providing financial services to underserved immigrant families, now serves some 3,000 members. —Samantha Gowen, Oc Register, 23 Feb. 2026

Jason Leib, vice president of business development at the Chamber, said a credit union and a microbrewery have both inquired about a downtown spot. —Kendrick Calfee updated February 19, Kansas City Star, 19 Feb. 2026

While the membership qualifications are relatively restrictive, this credit union is hardly the only financial institution offering top rates on CD accounts today. —Matt Richardson, CBS News, 19 Feb. 2026

The Minnesota Timberwolves and Lynx professional basketball teams announced a multiyear partnership with Wings Credit Union, Apple Valley, as the official credit union of both teams. —Pioneer Press, Twin Cities, 15 Feb. 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)