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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
Yet, many banks and credit unions are struggling to capture the attention and loyalty of a generation immersed in technological advancements.
—Expert Panel®, Forbes, 25 Oct. 2024
Banks and credit unions with more than $850 million in assets must comply with the rule.
—Tribune News Service, The Mercury News, 23 Oct. 2024
Many credit unions and community centers provide these services for free or at low cost.
—Kimberly Wilson, Essence, 12 Oct. 2024
Sending money with Zelle Through Zelle, a user can send money from their bank account to a recipient’s bank account or credit union.
—Cheryl V. Jackson, The Courier-Journal, 9 Oct. 2024
See all Example Sentences for credit union
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 5 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
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