credit union
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)
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1843
First Known Use of credit union
1843
CREDIT UNION Defined for English Language Learners
credit union
Definition of credit union for English Language Learners
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: an organization that gives small loans to its members at low interest rates and that offers savings and checking accounts
Law Dictionary
credit union
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)
Learn More about credit union
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Britannica.com: Encyclopedia article about credit union
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