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.
Beyond financial services, credit unions actively support charitable causes through donations, volunteer work and community fundraising. Christine Blake, Forbes.com, 7 Aug. 2025 But many brick-and-mortar credit unions have fee waivers or discounts for existing customers and others, as well. Kelsey Neubauer, CNBC, 31 July 2025 The credit union has assets of more than $500 million, placing it among the top 10 largest credit unions in the state. Staff Report, Hartford Courant, 16 July 2025 Pennies will remain legal tender and can still be used or exchanged at banks, credit unions, and Coinstar kiosks in Ohio and nationwide. Alex Perry, The Enquirer, 2 July 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 21 Aug. 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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