As soon as you deposit funds into a credit union account, you become a partial owner and participate in the union's profitability. Credit unions are formed by large corporations and organizations for their employees and members.
Investment dictionary. Academic. 2012.
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credit union — n: a cooperative association that makes small loans to its members at low interest rates and offers other banking services (as savings and checking accounts) Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. credit union … Law dictionary
Credit Union 1 — may refer to: Credit Union 1 (Alaska), a credit union based in Anchorage Credit Union 1 (Illinois), a credit union serving Illinois, Indiana and Nevada See also Central 1 Credit Union Golden 1 Credit Union This disambiguation page lists artic … Wikipedia
credit union — credit ,union noun count an organization that takes care of money that its members have saved and lends them money at low rates of interest … Usage of the words and phrases in modern English
credit union — ☆ credit union n. a cooperative association for pooling savings of members and making loans to them at a low rate of interest … English World dictionary
Credit union — Financial market participants Collective invest … Wikipedia
credit union — a cooperative group that makes loans to its members at low rates of interest. Also called cooperative credit union. [1910 15, Amer.] * * * Credit cooperative formed by a group of people with some common bond who, in effect, save their money… … Universalium
credit union — A not for profit institution that is operated as a cooperative and offers financial services such as low interest loans to its members. Bloomberg Financial Dictionary * * * credit union credit union ➔ union * * * credit union UK US noun [C] (also … Financial and business terms
credit union — UK / US noun [countable] Word forms credit union : singular credit union plural credit unions business an organization that looks after money that its members have saved and lends them money at low rates of interest … English dictionary
credit union — noun a cooperative depository financial institution whose members can obtain loans from their combined savings • Hypernyms: ↑depository financial institution, ↑bank, ↑banking concern, ↑banking company * * * noun, pl ⋯ unions [count] : an… … Useful english dictionary
credit union — A corporation organized under special statutory provisions to promote thrift among, and provide credit for, its members. 13 Am J2d B & L ASSO § 4. A cooperative association organized under the Federal Credit Union Act for the purpose of promoting … Ballentine's law dictionary