credit union

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credit union

n.
A cooperative organization that makes loans to its members at low interest rates.

credit union

n
(Banking & Finance) a cooperative association whose members can obtain low-interest loans out of their combined savings

cred′it un`ion


n.
a cooperative group that makes loans to its members at low rates of interest.
[1910–15, Amer.]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.credit union - a cooperative depository financial institution whose members can obtain loans from their combined savingscredit union - a cooperative depository financial institution whose members can obtain loans from their combined savings
banking company, banking concern, depository financial institution, bank - a financial institution that accepts deposits and channels the money into lending activities; "he cashed a check at the bank"; "that bank holds the mortgage on my home"
References in periodicals archive ?
8 Magnolia Federal Credit Union 1935 Michael Waylett
based Fiserv announced Tulsa-based, $29 million Encentus Federal Credit Union, and $170 million Oklahoma City-based ME/CU hoped to gain efficiencies, enhance member engagement and support growth by switching to the outsourced version of Fiserv's Portico account processing platform and an integrated suite of digital banking, payments and lending solutions.
Currently, Heritage Federal Credit Union is featuring the “Big Red Shoe” Campaign through which individuals can purchase a Ronald McDonald Shoe for $1, and all of the proceeds will benefit Evansville's Ronald McDonald House.
Pentagon Federal Credit Union, the third largest credit union in the United States with $5.
represented Affinity Federal Credit Union in this transaction.
These are not mom-and-pop operations but financial conglomerates that bear no resemblance to the niche institutions that Congress envisioned when it created the federal credit union charter in the 1930s,'' the American Bankers Association said in a statement.
8 Inland Employees Federal Credit Union East Chicago 178.
One institution likely to benefit under such a program is the South Central People's Federal Credit Union (SCPFCU) in Los Angeles.
Orange County Teachers Federal Credit Union (Renamed SchoolsFirst Federal Credit Union):
US Women's Chamber of Commerce (USWCC) said the association is establishing Seed Federal Credit Union, a national federal credit union to provide access to capital, ensure fair lending practices and deliver low cost business and savings solutions to members all across the United States.
22 Hurricane Creek Federal Credit Union $26,841,469

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