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

American banks and credit unions made at least $30 billion in annual profits from overdrafts as of 2020. —Aaron Klein, The Atlantic, 2 Jan. 2026

The Detroit credit union is not the only establishment worried about running short of the coins emblazoned with Abraham Lincoln’s profile. —The Detroit News, Chicago Tribune, 1 Jan. 2026

Other financial service providers that may have reduced hours on New Year’s Eve include credit unions, mortgage lenders and loan providers, but again, make sure to confirm their local hours in advance. —Kelsey Lentz, PEOPLE, 31 Dec. 2025

In total, authorities allege the network carried out or attempted more than 100 jackpotting attacks against banks and credit unions insured by the Federal Deposit Insurance Corporation and the National Credit Union Administration. —Antonio María Delgado, Miami Herald, 28 Dec. 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)