credit union


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credit union

n.
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

n
(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


n.
a cooperative group that makes loans to its members at low rates of interest.
[1910–15, Amer.]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
Rachel Ramsey, marketing manager for Credit Union 1, believes credit unions have some of the most progressive services available.
"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.
Joining a credit union is not like joining a health club.
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.
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.
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.
Credit Union Beginnings and the Common Bond Requirement
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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.
Now one based in the city, Norris Green Credit Union, is moving to new premises in West Derby Village.
Credit Union South 12460 Highway 49 Ste A, Gulfport,

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