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.
Carma Peters, president and CEO of Michigan Legacy Credit Union, told the Detroit Free Press that loan demand and lending activity at the credit union slowed down as economic uncertainty built in recent months. Susan Tompor, Freep.com, 15 Sep. 2025 At one point, the town applied for a loan of $300,000 from a local credit union. Hope Karnopp, jsonline.com, 11 Sep. 2025 But unlike other regions, there are no requirements ensuring banks or credit unions actually use them. Penny Lee, Forbes.com, 10 Sep. 2025 Monique Marie Gonzales Grado, 32, admitted to using a victim’s personal information to apply for a $55,000 loan to buy a Jaguar F-Pace crossover SUV from a credit union in the Sacramento area in August 2022, a plea agreement filed Tuesday says. Sharon Bernstein, Sacbee.com, 9 Sep. 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

Browse Nearby Words

Cite this Entry

“Credit union.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/credit%20union. Accessed 21 Sep. 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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