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.
Chris Tissue, who is chief operating officer at credit union consulting firm CUCollaborate, will be the board’s chairperson. Jeff Kauflin, Forbes.com, 21 Jan. 2026 Community development financial institutions are banks, credit unions, loan funds and capital funds that have a mission to provide help to underserved, often low-income or rural, communities. Arkansas Online, 16 Jan. 2026 Okello Chatrie pleaded guilty to robbing a credit union in the Richmond suburbs in 2019 and was sentenced to nearly 12 years in prison. Zach Schonfeld, The Hill, 16 Jan. 2026 PenFed Credit Union made our best refinance lenders list as the best credit union option. Kelsey Neubauer, CNBC, 15 Jan. 2026 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 22 Jan. 2026.

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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