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.
Many credit union memberships are restricted to profession, college affiliation or geography, among other qualifiers. — Kelsey Neubauer, CNBC, 2 Sep. 2026 Private student loans are issued by private lenders, such as banks, credit unions, and other financial institutions. — Miranda Marquit, Encyclopedia Britannica, 2 Sep. 2026 The credit unions received approval from state and federal regulators earlier this month. — Sacbee.com, 31 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 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

Rhymes for credit union

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Browse Nearby Words

credit slip
credit union
creditworthy
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Cite this Entry

“Credit union.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/credit%20union. Accessed 6 Sep. 2026.

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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

Britannica.com: Encyclopedia article about credit union

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