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

Every banking and credit union article is based on rigorous reporting by our team of expert writers and editors with extensive knowledge of banking and credit union products. —Andreina Rodriguez, CNBC, 10 Oct. 2025

Community coming together Township Supervisor Scott Bennett said if anyone wants to financially help the victims of the shooting, the Victim Compassion Fund set up through the EGLA credit union guarantees that 100% of the funding will go to victims. —Kristen Jordan Shamus, Freep.com, 3 Oct. 2025

The mortgage documents were taken out at two different credit unions within weeks of each other in 2021. —Susan Tompor, USA Today, 24 Sep. 2025

Where the $12 million is going Self-Help Ventures Fund will get $8 million to offer flexible home loans through its credit unions and partners. —Chase Jordan, Charlotte Observer, 23 Sep. 2025

Word History

First Known Use

1843, in the meaning defined above

Rhymes for credit union

• antiunion
• communion
• disunion
• nonunion

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)