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.
Everything the digital generation is seeking can be well-served by a credit union partner. Crissi Cole, Forbes, 6 Nov. 2024 Here's her story, including how the credit union is defending its stance. Elissa Robinson, Detroit Free Press, 27 Oct. 2024 This insurance protects and reimburses you up to your balance and the legal limit in the event your bank or credit union fails. Cnbc Select, CNBC, 15 Oct. 2024 Atmos Financial and Walden Mutual seemed to have the most features, but there were a number of credit unions and local banks listed. Outside Online, 29 Aug. 2024 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

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 2 Dec. 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

Last Updated: - Updated example sentences
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