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
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Resolutions could also overturn recent CFPB rules, Litt says, including a rule to limit overdraft fees charged by big banks and credit unions. Nerdwallet, Orange County Register, 17 Mar. 2025 The credit union employee then handed the money to Futch, who returned to the waiting getaway car. Rosalio Ahumada, Sacramento Bee, 13 Mar. 2025 At the San Diego credit union where Nate works as junior manager, coworker Sherry, played by the deservedly busy actress Amber Midthunder, seems at least half as sweet on him as Nate feels about her. Michael Phillips, Chicago Tribune, 12 Mar. 2025 Customers include regional banks, credit unions, fintechs LendingClub and Marqeta and e-commerce platform Shopify. Hank Tucker, Forbes, 18 Feb. 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

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Cite this Entry

“Credit union.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/credit%20union. Accessed 31 Mar. 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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