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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)

Example Sentences

Recent Examples on the Web Put the money in an interest-bearing account at a bank or credit union. Michelle Singletary, Washington Post, 29 July 2022 According to police, the suspect entered the credit union and passed a note to the teller demanding money. Hartford Courant, 17 Aug. 2022 The suspect then withdrew the fake deposits from the credit union before Chase Bank had a chance to clear the checks. Bob Sandrick, cleveland, 13 Aug. 2022 This is the credit union’s eighth year collecting money donations to buy back-to-school supplies for students experiencing homelessness. Laura Groch, San Diego Union-Tribune, 7 Aug. 2022 The couple went to the credit union to open a joint account. Shelia Poole, ajc, 14 July 2022 The credit union also provides financial literacy training for high school girls in NCAAWA’s Global Ambassadors Mentoring Program. Laura Groch, San Diego Union-Tribune, 24 July 2022 Her husband borrowed the money from his company’s credit union. Judy Sammon, cleveland, 17 May 2022 Summit Credit Union is the second-largest credit union in the state, with more than 221,000 members. Evan Casey, Milwaukee Journal Sentinel, 19 Nov. 2021 See More

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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