CREDITUNION

Credit union

A credit union is a member-owned financial cooperative, democratically controlled by its members, and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members. Many credit unions also provide services intended to support community development or sustainable international development on a local level.

The above text is a snippet from Wikipedia: Credit union
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credit union

Noun

  1. A financial cooperative similar to a bank but owned and controlled by its members, often restricted to a local area or sometimes to a single profession.


The above text is a snippet from Wiktionary: credit union
and as such is available under the Creative Commons Attribution/Share-Alike License.

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