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.
Banks, credit unions and online lenders offer small business financing, but loan types, rates, eligibility requirements, financing amounts and repayment terms can vary widely. — Dan Avery, CNBC, 23 Oct. 2026 AngelAi markets technology for banks and credit unions, including mortgage origination and the ability to support additional loan programs. — Miami Herald, 22 Oct. 2026 Many externally hired CROs are coming from outside banking and credit unions, with talent sourced from consulting firms, law firms and even state bank regulator’s offices. — Paul Davis, Forbes.com, 16 Oct. 2026 The card was issued by the Sisseton-Wahpeton Oyate Tribe and the credit union forced her to provide additional documentation. — Aki Nace, CBS News, 16 Oct. 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 27 Oct. 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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