A financial cooperative that provides banking services to its members.
I joined a credit union to save money on fees.
Our credit union offers better interest rates than the big banks for car loans.
A non-profit making money cooperative whose members can borrow from pooled deposits at low interest rates.
She got a loan from the credit union to buy a used car.
The credit union is committed to supporting the local community through financial literacy programs.
Frequently Asked Questions
The word "credit union" in English means: A financial cooperative that provides banking services to its members., A non-profit making money cooperative whose members can borrow from pooled deposits at low interest rates..
The phonetic transcription of "credit union" is /ˈkred.ɪt ˌjuː.ni.ən/ in British English and /ˈkred.ɪt ˌjuː.ni.ən/ in American English. Click the 🔊 button to hear both pronunciations.
Example usage of "credit union": "I joined a credit union to save money on fees.". More examples on the page.