Meaning Of The Word Credit union

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What's the definition of Credit union? Find Credit union meanings, definitions and more at the Real Dictionary online.

Credit union Meaning

Credit union Definition
Credit union Definition

What's The Definition Of Credit union?

credit union
countable noun: A credit union is a financial institution that offers its members low-interest loans.

credit union in American English
a cooperative association for pooling savings of members and making loans to them at a low rate of interest
noun: a cooperative group that makes loans to its members at low rates of interest

credit union in British English
noun: a cooperative association whose members can obtain low-interest loans out of their combined savings

credit union in Finance
noun: A credit union is a not-for-profit financial institution that is owned cooperatively by the people who keep their money there.

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