credit union

Noun

Meaning

a cooperative depository financial institution whose members can obtain loans from their combined savings

Synonyms

Hypernyms

Examples

If your bank took bailout money, take your money out of that bank and put it in a credit union. Credit unions are owned by the people who have their money in the credit union. Michael Moore

Make it a priority to have at least eight months of living costs set aside in a federally insured bank or credit union account. Suze Orman

“Anybody in this space” — whether it’s a credit union or a smaller, locally owned bank — finds it tougher to compete for awareness “and for comfort people have in knowing you’re big enough that your money’s safe,” Sussman said. Source: Internet

And to our supporting sponsors First Tech Federal Credit Union,. Source: Internet

Another big factor in credit union budgets, she says, will be the amount of relief they provide to hard-pressed borrowers through mortgage forbearance or extensions on consumer loans. Source: Internet

Banking Board member Tim Daly echoed this sentiment, adding: “We don’t have clarity” from state lawmakers on how to regulate the sale of a bank to a credit union. Source: Internet

Close letter words and terms