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 ?
Manitobans can be confident in their dealings with credit unions and caisses populaires thanks to the diligent work of the corporation in co-operation with the financial institutions, said Fielding.
It constitutes a vast range of organizations guided by social objectives, they say, including nonprofit organizations such as charities, foundations, and social enterprises; non-financial cooperatives in such fields as housing, childcare, healthcare, and farm marketing; and financial cooperatives such as credit unions and caisses populaires. They show the different traditions of the social economy in anglophone and francophone parts of Canada, and among particular populations.
Comme en font foi les pages qui suivent, les caisses populaires Desjardins--par le biais de periodiques comme La Revue Desjardins qui s'adresse au personnel et Ma Caisse populaire qui vise plutot les societaires--de meme que la Banque canadienne nationale et la Banque Royale du Canada, par la voie de leur bulletin mensuel, se prononcent abondamment sur le sujet pendant l'immediat apres-guerre.
College Boreal in Sudbury is the recipient of a $150,000 donation from L'Alliance des caisses populaires de l'Ontario limitee (Alliance of Ontario Caisses Populaires).
According to the report, Central affiliated credit unions / caisses populaires across Canada ended second quarter 2012 with USD 145.7b in assets, representing a gain of 7.4% from the same quarter last year.Canadians had USD 128.9 b on deposit with Central affiliated credit unions and caisses populaires, representing an increase of USD 7.9 b or 6.6% over second quarter 2011.
"We look forward meeting and exceeding insurance needs of credit unions, caisses populaires their members throughout country in the years ahead."
L'Ordre se percevait comme un organisme de coordination ; il travaillait discretement en collaboration avec d'autres societes telles que les Societes Saint-Jean-Baptiste, l'Association canadienne-francaise de l'Ontario, les societes Richelieu (qu'il fonda dans la decennie 1940), ou les caisses populaires. Le plus souvent, il aiguillonnait une de ces societes a assumer la direction d'une campagne ou l'autre, campagne qu'il avait lui-meme planifiee.
L'Ordre se percevait comme un organisme de coordination; il travaillait discretement en collaboration avec d'autres societes telles que les Societes Saint-Jean-Baptiste, l'Association canadienne-francaise de l'Ontario, les societes Richelieu (qu'il fonda dans la decennie 1940), ou les caisses populaires. Le plus souvent, il aiguillonnait une de ces societes a assumer la direction d'une campagne ou l'autre, campagne qu'il avait lui-meme planifiee.
Dans ces provinces, les banques font face a une importante concurrence de la part des cooperatives de credit, dont, au Quebec, les caisses populaires du Mouvement Desjardins.
The final program is offered through participating Caisses Populaires in the province of Quebec.
Mais par ailleurs, ces societes, dont la majorite sont des cooperatives de credit, se multiplient au moment o* le mouvement des caisses populaires Desjardins prend son essor C travers le Quebec.
The credit unions and caisses populaires traditionally have focused on supplying financial services to their members in situations where commercial lenders didn't provide these services.

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