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.
In December and January, the credit union's fraud team spotted unusual wire transfers of large sums of money into Jaimi's account, which was used to buy cryptocurrency for the fraudster. Michele Gile, CBS News, 11 Feb. 2026 Federal credit unions cannot charge more than 18% interest, including on credit cards. Carter Dougherty, Mercury News, 7 Feb. 2026 The credit union also sponsored the hospital’s annual CHOC Walk in the Park and the 2025 CHOC Gala. Samantha Gowen, Oc Register, 2 Feb. 2026 Banks and Credit Unions You can seek funding for your business through loans from banks and credit unions that gives you the ability to access large amounts of funds and build your business credit. Rhett Buttle, Forbes.com, 23 Jan. 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 14 Feb. 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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