credit union

(redirected from Federal credit union)
Also found in: Thesaurus, Legal, Financial, Acronyms, Encyclopedia.

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 ?
The firm also reported credit unions that closed the highest number of branches this year, as of July 30, included General Electric Employees Federal Credit Union in Milford, Conn.
22 Hurricane Creek Federal Credit Union $26,841,469
Mobile banking has become an integral part of the day-to-day lives of modern families like mine because it provides financial control," said Acacia Phillips, SVP and chief membership officer of Camino Federal Credit Union.
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.
14 River Valley Community Federal Credit Union 340 Cash Road
Prior to that position, she was the Vice President of Marketing at the United States Senate Federal Credit Union.
The field of membership for Point Mugu Federal Credit Union - anyone who lives, works or worships in Ventura County - is stretching the definition of community too far, Stafford said.

Full browser ?