credit union

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

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

credit union

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

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

cred′it un`ion

a cooperative group that makes loans to its members at low rates of interest.

[1910–15, Amer.]

ThesaurusAntonymsRelated WordsSynonymsLegend:

Noun

credit 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"

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References in periodicals archive

Rachel Ramsey, marketing manager for Credit Union 1, believes credit unions have some of the most progressive services available.

Credit unions: an important financial services resource for Alaskans: not-for-profit cooperatives offer members a democratic voice

"We don't relate well to young people," says Dorsa, a long-time credit union veteran and president of the 282-member American Credit Union Mortgage Association (ACUMA), Las Vegas.

Got mortgage? Credit unions are working together to boost first-time homebuyer mortgage originations. Credit union executives hope this will create more "sticky" young member-borrowers and help reverse a plateau in loan and membership growth

Joining a credit union is not like joining a health club.

So you think you know credit unions?

Inspirus Credit Union and Gesa Credit Union have announced their merger has received regulatory approval, as well as approval by a majority vote of the Inspirus Credit Union membership, the companies said.

Inspirus Credit Union, Gesa Credit Union get merger approvals

6 August 2019 - Inspirus Credit Union and Gesa Credit Union have closed a merger of the two Washington, US-based credit unions, subject to regulatory approvals and member vote, the CUs said.

Seattle's Inspirus Credit Union Closes Merge with Gesa Credit Union

Credit Union Trust has announced that the state of Michigan has granted approval to commence business as the state's first fiduciary service provider organized by credit unions, the company said.

Michigan approves Credit Union Trust to commence business as fiduciary service provider

Credit Union Beginnings and the Common Bond Requirement

MERGER, HUH, WHAT IS IT GOOD FOR: THE IMPACTS OF CREDIT UNION MERGERS

Members First Credit Union Bruce Leighton, pres./ceo

NHS LEADING CREDIT UNIONS

Legislative and regulatory changes have blurred distinctions between credit unions and other depository institutions and raised questions about the tax-exempt status of credit unions.

Credit Unions: Greater Transparency Needed on Who Credit Unions Serve and on Senior Executive Compensation Arrangements

Now one based in the city, Norris Green Credit Union, is moving to new premises in West Derby Village.

Expanding Credit Union to open new premises

Credit Union South 12460 Highway 49 Ste A, Gulfport,

OLDEST CREDIT UNIONS