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.
While community banks and credit unions may operate at a smaller scale, the principle remains the same—measurable value is the standard for success. Ron Shevlin, Forbes.com, 14 July 2025 The credit union had initially scheduled funds for release next Monday, but opted later in the day to release funds earlier, according to Sam Dillon, president of the city’s fire union, Boston Firefighters Local 718. Gayla Cawley, Boston Herald, 4 July 2025 The credit union has long called the south side of the city home with its corporate campus at the corner of Madison Avenue and Thompson Road near a parking-lot heavy intersection. Alysa Guffey, IndyStar, 2 July 2025 Like most federal holidays, expect your local banks and credit unions to be closed in observance of Juneteenth. Brandi D. Addison, Austin American Statesman, 26 May 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 19 Jul. 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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