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.
Read more Best banks and credit unions for mobile banking of 2025 Prefer to bank in person? Andreina Rodriguez, CNBC, 21 Jan. 2025 Investigators later learned Brown and Williams were seen scoping out a credit union in St. Louis Park in an SUV about an hour before the ATM theft in Roseville. Nick Ferraro, Twin Cities, 6 Jan. 2025 Every few years, federal regulators issue warnings to banks and credit unions about the dangers of senior financial abuse. Lew Sichelman, Miami Herald, 14 Jan. 2025 Local banks and credit unions, on the other hand, are more likely to support local entrepreneurs, create affordable housing, and finance renewable energy projects tailored to the community's needs. Morgan Simon, Forbes, 7 Jan. 2025 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 31 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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