credit union

noun

Definition of credit union

: 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 Oliver said the credit union has no choice about foreclosing because of financial regulations and accounting principles. Carolyn Said, SFChronicle.com, "San Francisco taxi drivers lose dream, face foreclosures as pandemic jolts business," 22 Jan. 2021 Joni Money said witnesses reported a man wearing all black clothing and a black mask entered the credit union and demanded money. Carol Robinson | Crobinson@al.com, al, "Masked man robs east Jefferson County credit union," 14 Dec. 2020 The group includes one of the country’s largest grocery chains, Eroski, along with a credit union and manufacturers that export their wares around the planet. New York Times, "Co-ops in Spain’s Basque Region Soften Capitalism’s Rough Edges," 29 Dec. 2020 Authorities are investigating a robbery that happened at a North Little Rock credit union on Thursday, police said. Brianna Kwasnik, Arkansas Online, "Police investigate robbery at North Little Rock credit union," 24 Dec. 2020 Crime Stoppers is now offering a $75,000 reward in the fatal shooting of a security officer outside a west Oak Cliff credit union in September. Dana Branham, Dallas News, "$75,000 reward offered in September slaying of security officer in west Oak Cliff," 8 Dec. 2020 Through the program, the credit union will provide 10 grants of $500 each to directly support classroom projects in San Diego County. Laura Groch, San Diego Union-Tribune, "South/East County Happenings, Dec. 10," 10 Dec. 2020 The credit union is supplying the top prizes of $3,000, $2,000 and $1,000, which will go to charities of the winning stations’ choice. Peter Hartlaub, SFChronicle.com, "Can S.F. fire stations rescue holiday spirit? 1940s decorating contest returns," 8 Dec. 2020 Butler said the state has worked with a nonprofit foundation and a credit union to try to help some local governments in Black Belt counties with upfront costs. Mike Cason | Mcason@al.com, al, "Alabama expects to spend almost all of its $1.8 billion from CARES Act," 2 Dec. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'credit union.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of credit union

1843, in the meaning defined above

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Time Traveler for credit union

Time Traveler

The first known use of credit union was in 1843

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Statistics for credit union

Last Updated

5 Feb 2021

Cite this Entry

“Credit union.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/credit%20union. Accessed 24 Feb. 2021.

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More Definitions for credit union

credit union

noun

English Language Learners Definition of credit union

: an organization that gives small loans to its members at low interest rates and that offers savings and checking accounts

credit union

noun

Legal Definition of credit union

: 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

Britannica.com: Encyclopedia article about credit union

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