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

Unlike federal student loans, private loans are issued by banks, credit unions and other private lenders. — Faith Wakefield, USA Today, 20 Aug. 2026

While some credit unions have prohibitive membership requirements, anyone can join this online institution by becoming a member of the American Consumer Council for free. — Cnbc Select, CNBC, 18 Aug. 2026

Its systems remain embedded across banks, credit unions, merchants, and enterprises. — Jim Osman, Forbes.com, 1 Aug. 2026

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