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credit unions

  • plural
    of credit union.
    credit union
    noun
    a cooperative group that makes loans to its members at low rates of interest.

Example Sentences

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California has hundreds of licensed home lenders, which include large national banks such as Chase, online lenders including Rocket Mortgage, and regional and community banks, as well as credit unions.

From Los Angeles Times ● Oct. 15, 2026

According to 2025 data from 4,768 banks, credit unions and mortgage companies, 18% of mortgage applications were denied.

From MarketWatch ● Oct. 5, 2026

However, loans from credit unions can be harder to qualify for as they might require higher credit-score minimums, bigger cash reserves or stricter debt-to-income limits.

From MarketWatch ● Jul. 17, 2026

“I am concerned that too many financial institutions are not providing fair and fast access to insurance proceeds,” Newsom wrote in a letter to associations representing California banks, credit unions and mortgage lenders.

From Los Angeles Times ● Jul. 17, 2026

This, however, all hinges on the proper functioning of the land bank and the co-operation of the farmers in the establishment of local credit unions.

From Readings in Money and Banking Selected and Adapted by Chester Arthur Phillips

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