-
- To save this word, you'll need to log in.
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
Our methodology To determine the best dental loans, CNBC Select analyzed dozens of U.S. personal loans offered by both online and brick-and-mortar banks, including large credit unions.
—Jasmin Suknanan, CNBC, 31 Oct. 2024
But now, with more than 2,200 banks and credit unions on the Zelle network, only 2% of Zelle transactions take place through the mobile app.
—Bill Hardekopf, Forbes, 31 Oct. 2024
The company sees credit unions as a major growth driver in the coming years.
—Lucinda Shen, Axios, 15 Aug. 2024
The offerings can be a win-win for both credit unions and savers with the Federal Reserve expected to begin cutting rates in September.
—Medora Lee, USA TODAY, 2 Aug. 2024
See all Example Sentences for credit union
These examples are automatically compiled from online sources to
illustrate current usage. 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 16 Nov. 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
Love words? Need even more definitions?
Merriam-Webster unabridged
Share