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

Banks and credit unions quickly appealed, and oral arguments are set for May 13. —Olivia Olander, Chicago Tribune, 28 Apr. 2026

Courtney Pendleton, Mission Fed’s community relations manager, said Mission Fed started as a credit union for teachers, and its roots in education run deep. —Teri Figueroa, San Diego Union-Tribune, 27 Apr. 2026

The petitioner in the case, Okello Chatrie, was indicted on charges related to an armed robbery of a Virginia credit union in 2019 and wants key cellphone location evidence against him thrown out. —Devin Dwyer, ABC News, 27 Apr. 2026

The measure now heads to a final vote in the State Senate, but critics, including lawmakers, credit unions, and other groups, say the bill creates favoritism and could be costly to small businesses. —Shaun Boyd, CBS News, 27 Apr. 2026

Word History

First Known Use

1843, in the meaning defined above

Rhymes for credit union

• antiunion
• communion
• disunion
• nonunion

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)