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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
The credit union also is expanding programs for energy-efficient appliances, solar panels and more, the report said.
—The Arizona Republic, 27 Mar. 2024
The final rule would cover all private label products, too, according to the CFPB, including retail or store-specific cards that are issued by the largest banks or credit unions with 1 million or more credit card accounts.
—Susan Tompor, Detroit Free Press, 5 Mar. 2024
As a fintech founder, a millennial and a credit union member, here are three practical solutions that credit unions can implement today.
—Crissi Cole, Forbes, 28 Feb. 2024
In fact, the 25 largest card issuers charged customers interest rates that were eight to 10 percentage points higher than the rates on products from smaller lenders and credit unions, according to the federal agency.
—Kate Gibson, CBS News, 16 Feb. 2024
My career experience as a billion-dollar-in-assets credit union CEO for 40 years far outweighs the experiences of my opponents.
—Charlotte Observer, 8 Feb. 2024
Pates funneled most of the loan proceeds through the bank account of a shell company to pay for his and his family’s expenses, as well as make payments to credit unions.
—Natallie Rocha, San Diego Union-Tribune, 4 Mar. 2024
The National Credit Union Administration offers a search tool for credit unions.
—Ann Carrns, New York Times, 23 Feb. 2024
Boise police on Tuesday arrested a man who allegedly robbed a credit union earlier this month, according to a news release.
—Alex Brizee, Idaho Statesman, 22 Feb. 2024
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'credit union.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
1843, in the meaning defined above
Dictionary Entries Near credit union
Cite this Entry
“Credit union.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/credit%20union. Accessed 26 Apr. 2024.
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
Britannica.com: Encyclopedia article about credit union
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