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
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The banks and credit unions with the highest overall scores made our rankings—with 191 banks and 222 credit unions recognized in one or more states. Haniya Rae, Forbes.com, 17 June 2025 So, a trip to a coin-exchange kiosk (or a bank, or credit union) can yield a pleasant surprise. Nicole Fallert, USA Today, 5 June 2025 The credit union offers complimentary seminars, educational resources, and counseling services to help members achieve their financial goals. Sara Hansen, Denver Post, 14 May 2025 The program offers paid internships from June 16 to Aug. 15 to provide students with professional work experience and mentoring in multiple areas at the credit union’s San Diego headquarters. Linda McIntosh, San Diego Union-Tribune, 9 May 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 4 Jul. 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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