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 Online banks and credit unions tend to have some of the best CD rates, and their opening minimum deposits are often low, such as $1,000 or less. Nerdwallet, The Mercury News, 20 May 2024 In a statement released Wednesday, the U.S. Attorney for the Southern District of Indiana, Zachary Myers, said that this case of fraud betrayed the confidence of credit union members. Jade Thomas, The Indianapolis Star, 15 May 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

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 28 May. 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
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!