credit union
noun
a cooperative group that makes loans to its members at low rates of interest.
credit unions
-
pluralof credit union.plural
The grammatical form denoting more than one person, place, thing, or idea.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
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 do think credit unions and fintechs could be your friend here, because they often have better terms, and they’re also willing to lend to a broader spectrum of people,” Rossman says.
From MarketWatch ● Mar. 17, 2026
Federal credit unions cannot charge more than 18% interest, including on credit cards.
From Los Angeles Times ● Jan. 26, 2026
Interest rates at federal credit unions are already capped at 18% by law.
From The Wall Street Journal ● Jan. 12, 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
