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.
Presently 2,400 banks and credit unions offer Zelle as a service. Steve Weisman, Forbes, 26 Dec. 2024 Christmas is one of several federal holidays, so banks and credit unions are not open. Jenna Prestininzi, Detroit Free Press, 23 Dec. 2024 More than 2,200 banks and credit unions offer access to the Zelle network. Rocio Fabbro, Quartz, 20 Dec. 2024 Nearly two dozen types of companies and situations are exempt, including banks, credit unions, securities broker-dealer firms, utilities, nonprofits and large companies with more than 20 employees. Russ Wiles, The Arizona Republic, 20 Dec. 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 Jan. 2025.

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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