credit union

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Definitions from WordNet

Noun credit union has 1 sense

credit union - a cooperative depository financial institution whose members can obtain loans from their combined savings
--₁ is a kind of depository financial institution, bank, banking concern, banking company

Definitions from the Web

Credit Union

Definition:

A credit union is a member-owned financial cooperative, typically offering savings and checking accounts, loans, and other financial services to its members.

Senses:

Noun: A nonprofit financial institution that provides banking services to its members.
Noun: The building or physical location where a credit union operates.

Usage:

1. Noun: I joined a credit union to take advantage of their low interest rates on personal loans.

2. Noun: The credit union is conveniently located downtown.

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