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.
Online savings accounts are often one of the highest-yielding cash options; credit unions also frequently offer decent yields. Christine Benz, Los Angeles Times, 7 Mar. 2026 Awad said the credit union will become a 2nd Home Medical Center. Thomas Gounley, Denver Post, 5 Mar. 2026 In that case, contact your bank or credit union as soon as possible. Aly J Yale, CBS News, 4 Mar. 2026 Charitable contributions and decision-making, for instance, tend to shift to the city where the larger credit union is headquartered. Sacbee.com, 4 Mar. 2026 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 14 Mar. 2026.

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)

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