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.
FourLeaf Credit Union — and many other credit union mortgage lenders — offer lower rates than their for-profit competitors. Kelsey Neubauer, CNBC, 28 Aug. 2026 Private loans are offered by banks, credit unions and online lenders rather than the federal government. Amy Deyoung, USA Today, 24 Aug. 2026 Its systems remain embedded across banks, credit unions, merchants, and enterprises. Jim Osman, Forbes.com, 1 Aug. 2026 That conflict has made many banks and credit unions hesitant to work with cannabis businesses. Brady Halbleib, CBS News, 30 July 2026 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 1 Sep. 2026.

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)

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