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.
Other financial service providers that may have reduced hours on New Year’s Eve include credit unions, mortgage lenders and loan providers, but again, make sure to confirm their local hours in advance. Kelsey Lentz, PEOPLE, 31 Dec. 2025 In total, authorities allege the network carried out or attempted more than 100 jackpotting attacks against banks and credit unions insured by the Federal Deposit Insurance Corporation and the National Credit Union Administration. Antonio María Delgado, Miami Herald, 28 Dec. 2025 Many credit unions also have partnerships with cultural institutions and regional and local attractions. Lauren David, Travel + Leisure, 27 Dec. 2025 While some smaller community banks or credit unions might have opted to follow the President’s lead and close, the vast majority of financial institutions are operating normal business hours. Dave Smith, Fortune, 26 Dec. 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

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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 Jan. 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)

More from Merriam-Webster on credit union

Last Updated: - Updated example sentences
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